Kazakhstan to Boost Oil Exports to Germany in 2026 — KazMunayGas Chair
Photo: Elements.envato.com, ill purposes
Kazakhstan plans to increase oil exports to Germany in 2026, KazMunayGas (KMG) Chair Askhat Khasenov announced, Orda.kz reports.
According to KMG, Khasenov discussed the expansion during a meeting with Johannes Bremer, CEO of Rosneft Deutschland GmbH. The two sides reviewed the transportation of Kazakhstan's oil to Germany and agreed to deepen cooperation.
Following the meeting, the existing agreement on oil supplies to Germany (from Karachaganak Petroleum Operating B.V.) was extended until the end of 2026. The agreement provides for an increase in monthly deliveries from 100,000 to 130,000 tons,KMG stated.
Last year, shipments from the Kashagan field began reaching Germany, followed by Tengiz in 2025. In the first three quarters of this year, Kazakhstan delivered a total of 1.5 million tons of crude to the Schwedt refinery in Germany.
Meanwhile, the Turkish Petroleum Corporation is set to enter Kazakhstan to develop two oil fields, reportedly located along the Caspian Sea coast, with plans to export crude via Azerbaijan.
Original Author: Nikita Drobny
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
