Kazakhstan Eyes Expanded Routes for Oil Exports in 2024 ...Middle East

Economy by : (OILPRICE) -
Kazakhstan increased oil exports by volume last year, but flagging prices meant this translated into diminished earnings. The plan for 2024 is to keep expanding sales abroad, although complications are looming on the horizon. One route that should see more traffic is the trans-Caspian corridor running through Azerbaijan, Georgia and Turkey. The Energy Ministry said on March 6 that oil deliveries made through that channel will rise to 1.5 million tons, which is 1.4 times as much as in 2023. On the same day, Energy Minister Almasadam Satkaliyev told…

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