Kazakhstan And Japan Discuss Oil Supplies Amid Hormuz Crisis
AI-generated illustration
KazMunayGas has discussed possible Kazakh oil supplies to Japan as Astana looks for new export routes, Orda.kz reports.
KMG head Askhat Hasenov met in Astana with a Japanese delegation led by Parliamentary Vice-Minister for Foreign Affairs Arfiya Eri.
The parties discussed cooperation in geological exploration. They also raised the possibility of supplying Kazakh oil to Japan. KMG has not yet reported any contracts, volumes, or specific export routes.
Japan’s interest in alternative oil sources has grown amid the crisis in the Strait of Hormuz. A significant share of Middle Eastern oil and LNG usually passes through this route, while Japan remains heavily dependent on supplies from the region. Reuters previously reported that Japan receives about 95% of its imported oil from the Middle East.
For Kazakhstan, the talks are part of a broader search for oil export markets. The country’s main crude volumes currently move through the Caspian Pipeline Consortium. Kazakhstan also periodically faces risks on external routes, including disruptions to transit through the Druzhba pipeline.
KMG and the Japanese side also discussed reducing methane emissions. The company is interested in projects under the Joint Crediting Mechanism between Kazakhstan and Japan, which allows climate projects to be implemented using Japanese technologies while accounting for emission reductions.
Original author: Alexander Zhdanov
Read also:
Latest news
- Kashagan Sulfur Dispute Escalates: Why Kazakhstan Threatened NCOC Chief With Prosecution
- Tankers Stay Away From CPC Terminal, Putting Kazakhstan’s Oil Output at Risk
- Electricity in Exchange for Crypto: Kazakhstan’s New Mining Strategy Explained
- National Falconry Team Member Kept 35 Rare Birds Illegally
- Five Fields Where University Grants Will Be Hardest to Win
- Kazakhstan to Build 3 Billion Tenge Dam Along Lake Alakol
- From Driverless Trucks to Car Leasing: What Kazakhstan’s Government Discussed Today
- Kazakhstani Gets 3 Years for Fake Army Abuse Story
- Almaty Man Beaten After Being Mistaken for a Drug Courier
- PIN Code Parcel Pickup and Hybrid Mail: Kazakhstan Changes Postal Rules
- Kazakhstan Schools to Bring In Officers for New Constitution Classes
- Kazakhstanis Rescue Two Pelicans Exhausted by Extreme Heat
- 719 Million Tenge Tobol River Sand Mining Case Goes to Court
- Which Kazakh Product Is Finding New Buyers Abroad?
- Kazakhstan Seeks UNESCO Status for Mangystau Rock Mosques
- Fire Breaks Out in Almaty Region Mountains
- 19 Forest Fires Reported Across Kazakhstan’s Protected Areas
- Patient Fined for Threatening Kostanay Medical Worker
- Six Die from Gas Poisoning During Sewer Repairs in Pavlodar Region
- Kazakhstan Considers FIA Grade 1 Racetrack in Atyrau
