JSC KazTransOil raises Kazakh oil exports from Aktau Port by 53% in Jan-Sep 2023

In January-September 2023, the volume of Kazakh oil exports from the port of Aktau amounted to 2 million 484.8 thousand tons, which is 864 thousand tons or 53% more compared to the same period last year, Kazinform learned from KazMunaiGas

In particular, the volume of oil transportation from the Aktau Port to the Port of Baku increased by 870 thousand tons and amounted to 990.2 thousand tons.  1 million 494.6 thousand tons of Kazakh oil was shipped from Aktau Port to Makhachkala Port, which is 5.9 thousand tons less compared to the the same period in 2022.

In 2022, President Kasym-Jomart Tokayev set a task to increase the volume of oil transportation by the Trans-Caspian corridor. In accordance with this instruction, NC KazMunayGas JSC and the SOCAR state oil company of the Republic of Azerbaijan concluded an agreement providing for the transportation of 1.5 million tons of oil per year from the Tengiz field towards the Baku-Tbilisi-Ceyhan oil pipeline.

KazTransOil JSC is the national operator of Kazakhstan's main oil pipeline. It is part of the group of NC KazMunaiGas JSC. The Company owns a diversified network of main oil pipelines with a length of 5.4 thousand kilometers