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%.
U.S. President Donald Trump said on Saturday he would “love” to see British-run Northern Ireland unify...
Saudi Arabia has temporarily shut down its 1,200-kilometre East-West oil pipeline after it was hit by a drone attack, with Riyadh and Baghdad sayin...
Russia's Defence Ministry said its forces struck two cargo vessels overnight in the Ukrainian Black Sea port o...
Overnight Iranian strikes on an air base in Jordan damaged multiple U.S. aircraft and left one without a wing, American media reported. Meanwhile, explosions were heard across parts of southern Iran according to local media reports.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Ukrainian forces struck a Russian oil refinery in Siberia and a seaport in Dagestan in the past 24 hours, President Volodymyr Zelenskyy said. He will meet Canadian Prime Minister Mark Carney on Thursday to discuss air defences for Ukraine over winter.
Mexico and the U.S. are racing to secure a trade deal before the U.S. midterm elections in less than eight weeks, according to six sources familiar with the talks, with failed negotiations between Washington and Canada adding urgency.
A Russian strike on a gas station in Kyiv has killed two people, the city's Mayor Vitali Klitschko said in a statement on Telegram. In Russia, online marketplace Ozon has suspended operations in Saratov, southwestern Russia, following a drone strike on a warehouse in the region.
Uzbekistan plans to introduce a new Heritage Impact Assessment system to shield historic cities and cultural heritage sites from the potential impact of construction and infrastructure development. Digital tools will also be used to manage tourist numbers and limit visitors where necessary.
Prime Minister Shehbaz Sharif has reaffirmed Pakistan’s commitment to deepening its partnership with the Gates Foundation, with talks spanning polio eradication, health, financial inclusion and digital development.
Iranian President Masoud Pezeshkian arrived in New Delhi on Friday to attend the weekend BRICS summit, amid the ongoing U.S.-Iran conflict, joining a host of foreign dignitaries.
Georgia’s top security official has held face-to-face talks with his Azerbaijani counterpart in China, with both sides pledging to deepen intelligence cooperation amid growing global security challenges.
More than 46,000 people have been displaced in Yemen since fighting escalated last week, the International Organization for Migration (IOM) said on Friday, warning that the number is rising “by the hour”.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment