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%.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 8th of November, covering the latest developments you need to ...
The Philippines' weather bureau warned of life-threatening storm surges of up to five metres and destructive winds as Typhoon Fung-wong churns toward ...
The Trump administration is seeking to make sharing data about pathogens a condition for countries receiving U.S. health aid, according to a draft doc...
Palestinian militant group Islamic Jihad handed over the body of a deceased hostage on Friday as part of the Gaza ceasefire between Israel and Hamas....
Ukrainian President Volodymyr Zelenskyy appointed a new commander for drone air defences on Friday, recognising the critical role these defences play ...
A new phase of U.S.–Central Asia cooperation emerged at the White House, with discussions centred on mineral resources, trade, and long-term regional development.
Kazakhstan and the United States have signed a memorandum of understanding on cooperation in critical minerals, the Kazakh presidential press service Akorda announced on Thursday.
U.S. Secretary of State Marco Rubio announced plans to visit all five Central Asian countries next year, as President Donald Trump prepares to host their leaders in Washington for talks focused on energy and mineral cooperation.
A wheat-loaded train has travelled to Armenia through Azerbaijan, APA reports, following President Ilham Aliyev’s announcement in Kazakhstan about lifting all post-occupation restrictions on cargo transit to Armenia.
Kendrick Lamar and Lady Gaga lead the 2026 Grammy nominations, while K-Pop enters the Song of the Year category for the first time in the award’s history.
Israel launched airstrikes on southern Lebanon after ordering evacuations, accusing Hezbollah of rebuilding its forces despite a year-old ceasefire, as Lebanon and the United Nations warned of renewed border tensions.
U.S. Senate Republicans have blocked a resolution that would have barred President Donald Trump from launching military action against Venezuela without congressional approval, despite growing concern over recent U.S. strikes in the southern Caribbean.
Tesla CEO Elon Musk won shareholder approval on Thursday for the largest corporate pay package in history as investors endorsed his vision of morphing the electric vehicle (EV) maker into an artificial intelligence (AI) and robotics juggernaut.
Uzbekistan and the United States have signed strategic agreements worth more than hundred billion dollars, with agreements including relaxed visa rules for citizens of both countries.
Azerbaijan marks its fifth Victory Day on 8 November, celebrating the liberation of occupied territories and the restoration of sovereignty, a milestone that reshaped the South Caucasus and ushered in a new era of reconstruction and regional stability.
Uzbekistan and the United States have signed strategic agreements worth more than hundred billion dollars, with agreements including relaxed visa rules for citizens of both countries.
Some of Yemen’s most vital roads have reopened as the country’s long-stalled peace process shows renewed signs of progress, supported by a ceasefire in the Gaza Strip and an overall cooling in the regional climate.
Shehbaz Sharif, the Pakistani Prime Minister arrived at the Heydar Aliyev international airport on Friday 7th November to a guard of honour prepared specially to recognise him.
A new phase of U.S.–Central Asia cooperation emerged at the White House, with discussions centred on mineral resources, trade, and long-term regional development.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment