
Kazakhstan Reports Significant Increase in Oil Exports via Aktau Port, Boosting Trans-Caspian Corridor Transportation

On January 12, the company "Kaztransoil" reported that last year the export of Kazakh oil from the port of Aktau amounted to 3 million 376 thousand tons, which is 1 million 108 thousand or 48.9 percent more than in 2022.
According to the information, the volume of oil exported by "Kaztransoil" from the "Tengiz" field located in the Kazakh sector of the Caspian Sea to the port of Aktau in the direction of the Baku-Tbilisi-Ceyhan pipeline has increased from 205 thousand tons to 1 million 392 thousand tons in the last year. This is 5.5 times more than the indicator of 2022. In addition, 1 million 984 thousand tons of oil were sent from the port of Aktau to the port of Makhachkala in the reporting period.
It should be noted that two years ago the President of Kazakhstan Kassym-Jomart Tokayev ordered to increase oil transportation through the Trans-Caspian Corridor. In accordance with this order, an agreement was signed between KazMunayGaz and the State Oil Company of Azerbaijan on the transportation of 1.5 million tons of oil from the Tengiz field to the Baku-Tbilisi-Ceyhan pipeline.
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