Kazakhstan does not have alternatives to the Caspian Pipeline…
Kazakhstan does not have alternatives to the Caspian Pipeline Consortium (CPC) for oil transport, said Aschat Kassenov, head of the national oil and gas company 'KazMunayGas' (KMG).
Consensus
- Kazakhstan currently has no alternatives to the Caspian Pipeline Consortium (CTK) for oil transportation.
- The KTK is the primary export route for Kazakh oil, handling over 80% of the country's oil exports.
- The KTK connects oil fields in western Kazakhstan and Russian Caspian shelf to the Black Sea terminal in Novorossiysk.
- KazMunayGas is expanding storage capacity and exploring alternative routes to diversify transportation options.
- The KTK has experienced operational interruptions due to Ukrainian attacks since July.
- The KTK has a capacity of up to 83 million tons per year, with 72.5 million tons annually from Kazakhstan.
Points of divergence
- KazMunayGas aims to ensure redistribution of oil flows between available routes in case of restrictions, not just to build large storage facilities. — kommersant
- KazMunayGas is actively developing feasibility studies (TЭO) for the expansion of the Kazakhstan-China pipeline and the Atyrau-Aktau route via Azerbaijan. — interfax
Coverage (2 sources)
- «KazMunayGas»: Kazakhstan has no alternative to KTK — Коммерсантъ
- KazMunayGas does not yet see alternatives to the Caspian Pipeline Consortium for oil transportation — Интерфакс