The Kazakh tanker Taraz, carrying Kashagan oil, has departed from the port of Aktau, heading toward Baku, according to a statement from the press service of KazMunayGas. This delivery is part of KazMunayGas' efforts to implement President Tokayev's instructions on diversifying export routes for Kazakhstan's hydrocarbons.
The oil will be transported via the Baku-Tbilisi-Ceyhan pipeline to the Mediterranean Sea. The export was handled by KMG Kashagan B.V.
This development further strengthens the Trans-Caspian International Transport Route. In 2022, KazMunayGas and Azerbaijan’s SOCAR signed a framework agreement on the transit of Kazakh oil, and in March 2024, they agreed to gradually increase oil transit through Azerbaijan. The new agreement sets a target of 2.2 million tons per year.
Located on the Kazakh shelf of the Caspian Sea, near the city of Atyrau, the Kashagan oil field is one of the largest discoveries in recent decades. With estimated reserves ranging from 9 to 13 billion barrels of oil, it is a significant asset for Kazakhstan’s energy sector. Commercial production at Kashagan, which relies on the use of artificial islands, began in the fall of 2016.
In November 2024, Kazakhstan’s Energy Minister Almasadam Satkaliyev revealed that the country is considering increasing its annual oil supplies through the Baku-Tbilisi-Ceyhan (BTC) pipeline to 20 million tons. This move aims to significantly reduce Kazakhstan's reliance on Russian pipelines, potentially cutting supplies through Russia by over 80%.
Czech President Petr Pavel has announced that he will appoint billionaire Andrej Babis, the winner of the recent elections, as the country’s new pri...
Nestled in the Dolomites, Cortina d’Ampezzo is racing toward the finish line ahead of the 2026 Winter Olympic Games. Officials said on Thursday that...
Ukraine has urged for genuine peace with Russia rather than concessions, warning that poorly negotiated settlements in the past have led to disaster....
German Chancellor Friedrich Merz on Thursday (December 4) firmly rejected U.S. proposals to use Russian assets frozen in the European Union for the be...
The United Kingdom and Norway have unveiled a new joint naval initiative designed to protect undersea infrastructure and counter increased Russian sub...
The United States and Central Asian countries have expressed interest inn new opportunities arising from the Trump Route for International Peace and Prosperity (TRIPP).
Kazakhstan has drafted a bill that would prohibit users under the age of 16 from registering on most online platforms.
Kazakhstan’s Deputy Prime Minister Kanat Bozumbayev says the investigation into the Azerbaijan Airlines plane crash near Aktau is in its final stage, with officials awaiting reports from foreign aviation authorities before closing the case.
For nearly three decades following the dissolution of the Soviet Union, the international system was defined by a singular, overwhelming reality: American unipolarity.
Chinese scientists have unveiled a new gene-editing therapy that they say could lead to a functional cure for HIV, making it one of the most promising developments in decades of global research.
Faced with mounting public outrage following one of the deadliest environmental disasters in the nation’s recent history, the Indonesian government has pledged to investigate and potentially shut down mining operations found to have contributed to the catastrophic flooding on Sumatra.
Britain’s King Charles III welcomed German President Frank-Walter Steinmeier on Wednesday, marking the beginning of his three-day state visit to the United Kingdom. The visit, the first by a German President to the UK in 27 years, comes as the two countries continue to strengthen ties post-Brexit.
U.S. President Donald Trump has launched a blistering verbal attack on the Somali community, characterising migrants as "garbage" just as federal authorities prepare a contentious enforcement operation in the Midwestern state of Minnesota.
Azerbaijan cannot yet provide a timeline for the large-scale return of internally displaced persons (IDPs) due to extensive landmine contamination in former conflict zones, the country’s presidential representative on special assignments, Elchin Amirbayov, said on Thursday.
German Chancellor Friedrich Merz has made a call to Azerbaijani President Ilham Aliyev to discuss the development prospects of bilateral relations between Azerbaijan and Germany.
Georgian Foreign Minister Maka Bochorishvili is participating in the 32nd OSCE Ministerial Council holding from 3rd to 5th December in Vienna.
OSCE Chairperson-in-Office, Minister of Foreign Affairs of Finland, Elina Valtonen told the press that "the end of the conflict between Azerbaijan and Armenia is a highly successful example that fosters optimism throughout the entire OSCE region," on Thursday (4 December).
Tensions between Georgia and Russia resurfaced this week after Moscow declared it sees “no preconditions” for renewing political dialogue, blaming Tbilisi’s insistence on de-occupation.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment