Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
Almaty, December 18 (Xinhua) — Russia's state-owned oil pipeline company Transneft and Kazakhstan's national oil pipeline operator KazTransOil signed an agreement in Astana on Thursday to transport Kazakh oil through Russia through 2026, Transneft's press service reported Thursday.
"This is a major joint effort, because various situations arise during our interactions that need to be resolved flexibly, quickly, and efficiently. Both the agreement and the joint work we've built over decades make this possible," noted Transneft Vice President Sergey Andronov.
The joint work of Transneft and KazTransOil ensures the export of Kazakh oil through Russian territory to the seaports of Novorossiysk and Ust-Luga, to the Russian-Belarusian border for onward transportation to the European Union, as well as the transit of Russian oil through Kazakhstan. Furthermore, the cooperation covers the supply of oil to Kazakh refineries.
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