Kazakhstan to supply 150,000 tonnes of oil to Germany via Druzhba pipeline in Dec

JSC KazTransOil plans to supply 150,000 tonnes of oil to Germany in December 2023, Azernews reports, citing Interfax.

"In December 2023, JSC KazTransOil plans to supply 150,000 tonnes of Kazakh oil to Germany. In January-November 2023, the volume of transported Kazakh oil through the main oil pipeline system of PJSC Transneft in the direction of the Adamova Zastava oil delivery point for further delivery to Germany totaled 843,000 tonnes," the company reported.

Transiting occurs as part of the agreement between the Kazakh and Russian governments, dated June 7, 2002.

Kazakhstan began supplying oil to Germany through the Druzhba pipeline as part of diversifying its oil export routes. Kazakhstan's KazTransOil has a quota for 2023 from Russia's Transneft to pump 1.2 million tonnes of oil to Germany, and the first consignment arrived in February 2023.

As reported in August, Karachaganak Petroleum Operating (KPO), which operates the Karachaganak field development, plans to pump 1.2 million tonnes of oil via the Druzhba pipeline in 2024.

At the end of October, Kazakh Energy Minister Almasadam Satkaliyev said that Kazakhstan could boost oil exports to Germany via the Druzhba pipeline from 1.2 million tonnes to 2 million tonnes per year, with the final volume to be determined after negotiations.

JSC KazTransOil, part of KazMunayGas National Company, is a natural monopoly in the sector of oil transportation through pipelines.