MNI: PBOC Net Injects CNY37.3 Bln via OMO Wednesday

MNI: PBOC Sets Yuan Parity Lower At 7.1843 Weds; -1.22% Y/Y

MNI BRIEF: Japan Nov CGPI Rises 3.7% Y/Y, Import Prices Drop

MNI BRIEF: Brazil Not Even Close To Fiscal Dominance - David

CORRECTED-MNI BRIEF: Brazil Inflation Rises To 4.87% In Nov

MNI China Daily Summary: Tuesday, December 10

MNI: JAPAN NOV CORP GOODS PRICE INDEX +3.7% Y/Y; OCT REV +3.6%

MNI: USDA: 2024/2025 CORN PRODUCTION EST 15.14B BSL

EZ/UK T-Bill Calendar: 12-Month BOT Auction on Wednesday

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Kazakhstan to Supply 100,000t of Oil to Germany in August

OIL

Kazakhstan intends to supply 100,000t of oil to Germany in August through the Druzhba pipeline, according to Interfax.

  • Kazakhstan had transported around 290,000t to Germany as of early July, with the first batch arriving in February, according to KazTransOil.
  • Russia’s Transneft has a quota to ship 1.2mn tons of Kazakh oil to Germany this year, following a deal between the two countries to boost supplies for the Schwedt refinery. This has allowed the refinery to run at 70% rather than 60%.
  • There is an agreement to extend the deal until 2024, people familiar with the matter said.
  • Crude deliveries via Poland and the western part of the Druzhba pipeline are currently restricted, after a leak was detected at one of the lines in Poland that pump crude west to Germany. Pumping is expected to resume on Tuesday, Polish pipeline operator PERN said.
Energy BulletsCommodities
Energy BulletsCommodities

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.