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KazMunayGas and Transneft discuss oil transportation and transit

The companies confirmed their readiness to develop a partnership to strengthen Kazakhstan’s and Russia’s transit potential.

KazMunayGas Chairman Askhat Khasenov and Transneft President Nikolay Tokarev discussed cooperation on oil transportation and transit at a meeting in Moscow.

Author: Робот Source: KazMunayGas

KazMunayGas and Transneft executives meeting in Moscow
KazMunayGas and Transneft representatives discuss oil transportation and transit at a meeting in Moscow. Illustrative photo. Photo: jarmoluk / Pixabay, Pixabay Content License

KazMunayGas Chairman Askhat Khasenov met with Transneft President Nikolay Tokarev in Moscow.

They discussed prospects for cooperation in oil transportation and transit.

Khasenov highlighted the strategic importance of the Caspian Pipeline Consortium, Atyrau — Samara and Makhachkala — Novorossiysk routes. They play an important role in exporting Kazakhstan’s hydrocarbons.

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The routes have demonstrated reliability, efficiency and economic viability over many years of operation.

Following the meeting, the parties confirmed their readiness to develop mutually beneficial partnerships in key areas to strengthen the transit potential of Kazakhstan and Russia.

Translated from Russian using artificial intelligence. Source: KazMunayGas

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