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Free AccessRussia Confirms Permit for Kazakh Oil Supply to Germany
KazTransOil will be able to supply 300k tons of oil to Germany in Q1 2023 through Transneft’s oil pipeline systems.
- The relevant permit was issued by the Ministry of Energy of Russia according to a statement on the KazTransOil website.
- Oil will be shipped towards the Adamova Zastava oil delivery point for further delivery to Germany.
- Kazakhstan plans to supply 20k tonnes of crude oil to Germany via Russia this month and is ready to supply 1.5m tons this year according to the Kazakh Energy Ministry on Wednesday.
- The Kazakhstan supplies to Germany will help replace lost Russia supplies. Germany’s Schwedt and Leuna refineries have been running at reduced capacity since 1 Jan, when the German government decided to phase out all Russian oil imports.
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
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.