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%.
Iran has opened the first phase of its largest solar power plant as part of a major government programme to expand renewable energy capacity....
UK authorities have raised an amber heat health alert for much of southern England, warning that the ongoing heatwave could lead to a rise in deaths....
Floods driven by climate change are raising the danger of long-banned toxic chemicals resurfacing in rivers, soil, and food chains, according to a new...
A group of high-profile British political figures and commentators has threatened legal action to block the return of the Elgin Marbles to Greece, acc...
A rocket launched by Taiwanese company TiSpace from Japan's northern Hokkaido island failed shortly after takeoff on Saturday, falling short of its go...
Kazakhstan's Ministry of Transport and Afghanistan's Ministry of Public Works have reached an agreement on the construction of a new railway line to connect Central Asia and South Asia, which will increase the efficiency of the North-South corridor.
Russia’s health watchdog said on Friday it is monitoring an anthrax outbreak in Kazakhstan’s Akmola region, where two villages were quarantined after infections in cattle and local residents.
Azerbaijan and Kazakhstan have completed the 'Tarlan-2025' flight-tactical exercise, a series of unmanned-aircraft drills held in Azerbaijan and aimed at deepening defence ties between the two Caspian neighbours.
Central Asia’s fastest supercomputer, powered by the high-end NVIDIA H200 graphics processor, has been launched in Kazakhstan at the National Supercomputer Center "Alemcloud."
A series of earthquakes have struck Guatemala on Tuesday afternoon, leading authorities to advise residents to evacuate from buildings as a precaution against possible aftershocks.
A deadly mass shooting early on Monday (7 July) in Philadelphia's Grays Ferry neighbourhood left three men dead and nine others wounded, including teenagers, as more than 100 shots were fired.
Australian researchers have created a groundbreaking “biological AI” platform that could revolutionise drug discovery by rapidly evolving molecules within mammalian cells.
Dozens of international and domestic flights were cancelled or delayed after Mount Lewotobi Laki Laki erupted on Monday, but Bali’s main airport remains operational.
French member of parliament Olivier Marleix was found dead at his home on Monday, with suicide being considered a possible cause.
Georgia and China have expressed interest in expanding cooperation in the fields of education, tourism, and cultural exchange, during a high-level meeting on the sidelines of a forum in Croatia.
Israeli and Syrian officials reportedly met face to face in Baku, signalling a rare step in potential regional coordination despite decades of hostilities.
President Recep Tayyip Erdogan spoke by phone with Azerbaijani President Ilham Aliyev to discuss bilateral ties as well as regional and global issues, Türkiye’s Communications Directorate said on Saturday.
President Tayyip Erdogan declared on Saturday that an historic turning point had been reached in Türkiye’s four-decade conflict with the Kurdistan Workers Party after 30 militants burned their weapons in northern Iraq.
The working visit of the Transitional President of the Syrian Arab Republic, Ahmad Al Sharaa, to the Republic of Azerbaijan concluded on July 12.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment