Kazakhstan to Increase Oil Exports by Bypassing Russia by 13 Times
Photo: Elements.envato.com
Kazakhstan is revising its oil export strategy: the country plans to increase oil transportation via the Baku-Tbilisi-Ceyhan pipeline, Orda.kz reports.
Finimize reports that the Ministry of Energy of Kazakhstan is reviewing the logistics of export deliveries, which may significantly affect the market.
The volume of oil transportation via the Baku-Tbilisi-Ceyhan (BTC) pipeline will reportedly increase more than 13 times — from 1.5 million tons per year to 20 million tons at once.
The main goal is to diversify routes.
Kazakhstan's decision to increase exports via the BTC pipeline marks a notable geopolitical shift to diversify its oil sales routes. Currently, 80% of Kazakhstan's oil passes through Russia, posing a risk amid geopolitical tensions,writes Finimize.
BTC is an essential pipeline for Baku, whose key shareholders include Azerbaijan's state oil corporation SOCAR.
Transportation via this route will be more expensive than via Russia, but it could become a crucial alternative.
Kazakhstan’s strategy to utilize the BTC pipeline could transform oil market logistics in Central Asia. As global dependency on diversified supply routes increases, this move might lead investors to reconsider the dynamics of regional energy markets and associated geopolitical risks. With China's growing import appetite, watch for changes in global oil flows as the country takes on more energy capacity, Finimize emphasizes.
Kazakhstan's sharp "turn" toward Azerbaijan coincides with China's growing role, which is increasing its import quotas. For foreign investors, this situation may prompt them to reconsider their future plans.
Meanwhile, Kazakhstan has come under the microscope for allegedly failing to meet OPEC+ quotas. Gazprom and SOCAR's expanding cooperation is also noteworthy.
Original Author: Nikita Drobny
Read also:
Latest news
- EU Approves New Sanctions Targeting Russian Oil Industry and Banks
- Analyst Arman Beisembayev Explains the Record-Breaking Exchange Rate
- Qarmet and China’s Dadi Engineering Sign Coal Modernization Deal
- Zelenskyy Tasks Umerov with Intensifying Negotiations
- Georgian Dream Sees EU Visa Threat as Pressure
- Saken Mamash: Former Kazakh Diplomat Sentenced to Six Years for Abuse of Ex-Wife
- Kazakhstan Has Used 60% of Its National Fund Transfer Quota in First Half of 2025
- Oil Company Pays Nearly 200 Million Tenge in Wage Arrears
- Journalist Lukpan Akhmedyarov Says His YouTube Channel Has Been Removed
- Trump Raises the Stakes: Could Kazakhstan Face Secondary Sanctions?
- Uzbekistan, Afghanistan, and Pakistan Sign Agreement on Trans-Afghan Railway Feasibility Study
- Maintenance Completed at Pavlodar Petrochemical Plant Ahead of Schedule
- Tied to a Saddle and Dragged Across the Steppe: Family Blames Husband for Woman’s Death in Jetisu
- Renowned Poet and Playwright Israil Saparbay Passes Away at 84
- Scandal Over UAS Escalates with Russian Link and Legal Concerns
- Kairat Perizat: Witnesses Describe Fundraising at NIS and Large Cash Transfers in June 17 Hearing
- Syrian President Pledges Security For All Amid Sweida Tensions and Israeli Strikes
- KNB Anti-Corruption Service Detains Regional Tax Official in Aqmola
- Aqtau Faces Power Outages Amid MAEK Equipment Issues
- President Signs Law on Governance, Infrastructure Development
