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Germany provides oil from Kazakhstan

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Germany provides oil from Kazakhstan

OUR Germany seems to agree with Kazakhstan for the supply of oil that will replace them Russian hydrocarbons. The company operating the pipeline passing through the territory of the Asian country came up with an initiative to ensure the possibility of sending Kazakh oil to Germany. KazTransOil JSC, in a letter to Transneft PJSC, asks for permission to send Kazakh oil to Germany via the Druzhba pipeline. The request concerns the transfer of 1.2 million tons of oil.

It’s the first official move to open the door to the Asian nation’s oil supplies to German refineries as Europe’s biggest economy tries to secure alternative supplies to wean itself off Russian gas. The Kazakh company’s request would require the approval of the Russian Energy Ministry, but as Tansneft spokesman Igor Demin pointed out, the transfer of such a volume of oil is “technically feasible.” At the same time, he added that “we did not receive relevant requests from Kazakhstani manufacturers.” Asked about this, Russian Deputy Prime Minister Alexander Novak told the Russian Interfax news agency that Russia was ready to comply with Kazakhstan’s request to transport its own oil to Germany via the Druzhba pipeline.

Close to an agreement with an Asian country on the supply of 1.2 million tons of oil via the Druzhba pipeline.

Germany has long been negotiating with the Kazakh authorities to replace Russian hydrocarbons. However, the relevant negotiations have not yet led to an agreement. As the German finance ministry has pointed out, the sanctions that Western countries have so far imposed on Russia do not prohibit the use of the existing pipeline network to transport Kazakh oil. It is recalled that neighboring Poland also pledged to stop importing Russian oil at the end of December, but insisted on the exclusion of cross-flows through pipelines and stressed that an additional agreement would be required to ban these supplies for a new round of sanctions. After all, “Tansneft” said yesterday that its plans to ship oil in January provide for the supply of 500,000 tons of Russian oil to Poland through a network passing through the territory of Belarus.

Author: BLOOMBERG

Source: Kathimerini

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