Free Trial

Kazakhstan to Boost Oil Deliveries via TITR to 3m mt

OIL

Kazakhstan plans to raise oil flows via the Trans-Caspian International Transport Route (TITR) to 3m mt within two years, according to Interfax.

  • President Tokayev first asked for flows via the corridor to be increased in 2022, with an initial 1.5m mt per year from the Tengiz field to Baku and then pumped to the Baku-Tbilisi-Ceyhan oil pipeline.
  • Kazakhstan is also expanding the Shymkent oil refinery from 6m mtpa to 12m mtpa, the government press service told Interfax.
77 words

To read the full story

Close

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.

Kazakhstan plans to raise oil flows via the Trans-Caspian International Transport Route (TITR) to 3m mt within two years, according to Interfax.

  • President Tokayev first asked for flows via the corridor to be increased in 2022, with an initial 1.5m mt per year from the Tengiz field to Baku and then pumped to the Baku-Tbilisi-Ceyhan oil pipeline.
  • Kazakhstan is also expanding the Shymkent oil refinery from 6m mtpa to 12m mtpa, the government press service told Interfax.