Kazakhstan, Austria, EU Discuss KTC Oil Supply Security
Kazakhstan's Foreign Minister Ermenek Kosherbayev and Austria's Federal Minister for European and International Affairs Beate Meinl-Rasinger discussed the situation regarding the security of Kazakhstan's oil supplies to Europe, according to the press service of the Kazakh Ministry of Foreign Affairs.
Consensus
- Kazakhstan's Foreign Minister Ermek Košerbaev discussed the security and stability of Kazakh oil shipments via the Caspian Pipeline Consortium with Austria's Foreign Minister Beate Meinl-Raizinger.
- The discussions included the importance of maintaining uninterrupted operations of the KTC for European markets.
- The KTC is a critical export route for Kazakh oil, handling over 80% of the country's oil exports.
- The KTC has faced disruptions due to attacks on tankers in the Black Sea, particularly near the Novorossiysk terminal.
- Kazakhstan has been adjusting its export routes in response to KTC disruptions, including increased shipments via Atyrau-Samara and to China.
- The KTC connects Kazakh oil fields with the Black Sea terminal in Novorossiysk, Russia, and is vital for transporting oil from Kazakhstan and Russia's Caspian shelf.
- The KTC is jointly owned by Kazakhstan (via KazMunayGas and Kazakhstan Pipeline Ventures), Russia (via Transneft), and international companies including Chevron and ExxonMobil.
- The KTC has a capacity of up to 83 million tons per year, with projected throughput of 72 million tons in 2026.
Points of divergence
- The KTC halted oil loading in late July after Ukrainian military strikes on two tankers in the Black Sea near Novorossiysk. — vedomosti
- The KTC has faced repeated drone attacks on tankers in the KTC terminal area, leading to multiple suspensions of oil shipments. — interfax
- On August 12, the Financial Times reported that Ukraine stopped attacking KTC-linked tankers after a request from U.S. Vice President JD Vance, citing ownership stakes by Chevron and ExxonMobil. — interfax
- The KTC transports oil from three major Kazakh fields: Tengiz, Kashagan, and Karachaganak. — interfax
- In 2025, the KTC handled approximately 70.5 million tons of oil, with over 75% coming from foreign shippers. — interfax
- The KTC is responsible for over 80% of oil transported via pipeline from Kazakhstan. — interfax
- Ukraine resumed attacks on KTC infrastructure in July. — kommerzant
- Kazakhstan has redirected part of its oil exports due to KTC disruptions, increasing shipments via Atyrau-Samara and to China. — vesti
Coverage (5 sources)
- Foreign Ministers of Kazakhstan and Austria discussed the situation with KTK — Ведомости
- The heads of the foreign ministries of Kazakhstan and Austria discussed the security of oil deliveries to Europe through the CPC — Интерфакс
- Kallas discussed with the head of Kazakhstan's Ministry of Foreign Affairs the supply of energy resources via the KTK — Коммерсантъ
- Kazakhstan and EU discussed development of oil supply infrastructure — Вести
- Minister of Foreign Affairs of Kazakhstan discussed with the head of EU diplomacy the situation around KTK — Интерфакс
Key entities
- Kazakhstan
- MID
- KTK
- Ermek Kosherbayev
- EU
- Austria
- Kaya Kallas
- Moscow
- Europe
- INTERFAX.RU
- Beat Meinel-Raizinger
- European Commission