May 21, 2024 12:33 GMT
Kazakhstan Extends Oil Supply Deal to Germany Until End-2024
OIL
Kazakhstan’s KazMunayGas has extended its contract to supply oil to Germany’s Schwedt refinery until the end of 2024, according to Interfax.
- Kazakh KEBCO grade arrives at the Schwedt refinery via the Druzhba pipeline and totalled 420k mt from Jan-April 2024.
- Kazakhstan’s Oil Minister said that he had received requests from German companies to increase oil supply to 2m mt.
- Preliminary consultations are underway to boost volumes in 2024.
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