Kazakhstan Does Not Expect a Decline in Oil Production, May Redistribute Transit Through Other Routes
“Kazakhstan does not expect a decline in oil production following a possible suspension by Russia of Kazakh oil transit via the Druzhba pipeline”, said Energy Minister Yerlan Akkenzhenov. “No, a reduction in production is not envisaged. We have the ability to redistribute this volume through other routes,” Akkenzhenov told journalists …
Rosneft Signs Long-Term Supply Deals via Druzhba Pipeline
On February 1, 2013 Rosneft President and Chairman of the Management Board Igor Sechin visited Hamburg to sign a contract for supply of crude oil via the Druzhba pipeline to Poland, where the crude will be purchased by PKN Orlen, owner of the Plotsk refinery. The amount of the contract …