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Free AccessFirst Shipment Of Kazakh Oil Supplied To Transneft For Delivery To Germany
KazTransOil has delivered Kazakh oil to the main pipeline system of Transneft for shipment to Germany, Shyngys Ilyasov, director of public relations at KazTransOil said.
- "On February 25, KazTransOil delivered 20,000 tonnes of Kazakh oil to the main pipeline system of PJSC Transneft in the direction of the Adamova Zastava oil custody transfer station for further shipment to Germany," Ilyasov said.
- Germany plans to use the volumes from Kazakhstan via the Druzhba pipeline to replace Russian flows for its Leuna and Schwedt refineries.
- Transneft is currently not transporting oil towards Poland via the Druzhba pipeline as routing orders with payments were not processed. Changes in the schedule ruled out deliveries to Polish consumers.
- Transneft transports oil to other countries based on the export schedule approved by the Russian Energy Ministry as well as routing orders processes by freight forwarders.
- At this time, it is not clear how the halt to Polish deliveries will affect the shipment of Kazakh oil to Germany.
To read the full story
Sign up now for free trial access to this content.
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.