• Home
  • Politics
  • Health
  • World
  • Business
  • Finance
  • Tech
  • More
    • Sports
    • Entertainment
    • Lifestyle
What's Hot

Giants Pitchers Who Wrote Bible Verses On Pride Night Hats Won’t Be Disciplined, MLB Commissioner Rob Manfred Says

June 23, 2026

Intel CEO gives investors a reality check

June 23, 2026

Joy Reid Claims Black People Aren’t Excited For July 4th, Juneteenth Is The ‘Real Thing’

June 23, 2026
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Tuesday, June 23
Patriot Now NewsPatriot Now News
  • Home
  • Politics

    Joy Reid Claims Black People Aren’t Excited For July 4th, Juneteenth Is The ‘Real Thing’

    June 23, 2026

    Democrats Are Turning Out In Droves — Even In MAGA Country

    June 23, 2026

    Trump’s Midterm Election Rigging Scheme Handed Big Loss

    June 23, 2026

    Senate Passes Major Housing Bill As Citizens Continue To Miss Out On Key Pillar Of American Dream

    June 22, 2026

    Trump Melts Down When Reporters Challenge His Reflecting Pool Vandalism Story

    June 22, 2026
  • Health

    Kidney transplant, livestock disease, Texas: Morning Rounds

    June 22, 2026

    The Hidden Hormone Controlling Your Energy, Mood, And Recovery

    June 22, 2026

    A New Way To Hit Pancreatic Cancer’s Hardest Target

    June 22, 2026

    Ebola Congo: 1,000 cases, 254 deaths, still a search for patient zero

    June 22, 2026

    What GenAI’s Math Breakthrough Means For Medicine

    June 22, 2026
  • World

    Polish President to Strip Zelensky of Top Honor over WW2 Dispute

    June 23, 2026

    Supreme Court Reinstates Murder Conviction In Case Of Etan Patz, Missing NYC Boy

    June 23, 2026

    51 Dead or Missing After Migrant Boat Capsized Off Libya Coast

    June 23, 2026

    World Cup Tourists Share First Impressions Of The U.S.

    June 23, 2026

    Leftist Terrorist With Airline Hijack Links on Party Ballot in Germany

    June 23, 2026
  • Business

    Influential Economic Policy Center Bankrolled By Shady Dating App Founder

    June 19, 2026

    Dem Senator‘s 22-Year-Old Son Raises Eyeballs After Raking In $30 Million Investment

    June 19, 2026

    Jeff Bezos Claims AI Boom Will Actually Lead To Labor Shortages

    June 17, 2026

    Are You Gay Enough To Get A California Utilities Contract? Here’s The Test

    June 17, 2026

    Jersey Mike’s Overtakes Chick-Fil-A As Highest Rated Fast Food Chain

    June 17, 2026
  • Finance

    Intel CEO gives investors a reality check

    June 23, 2026

    China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

    June 23, 2026

    Borrowing need will dictate your interest rate

    June 23, 2026

    52-year-old Outback Steakhouse rival chain closes 24 locations

    June 22, 2026

    Ex-Trump advisor makes bold case for Bitcoin

    June 22, 2026
  • Tech

    Elon Musk’s SpaceX IPO Spurs Momentum for Orbital AI Data Centers

    June 23, 2026

    Netflix’s Mega Podcast Venture Failing to Earn Fans

    June 23, 2026

    Texas Grandma Killed by Tesla Crashing into Home, Driver Claims ‘Autopilot’ Active

    June 22, 2026

    Asbestos Discovered in 1,000 UK Wind Turbines Imported from China

    June 22, 2026

    ‘F**k These Weird Ass Vultures’

    June 22, 2026
  • More
    • Sports
    • Entertainment
    • Lifestyle
Patriot Now NewsPatriot Now News
Home»Finance»Kazakhstan Aims to Increase Oil Exports via BTC Pipeline
Finance

Kazakhstan Aims to Increase Oil Exports via BTC Pipeline

March 11, 2025No Comments3 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Comparing Chinese and Indian Energy Security Strategies in Central Asia
Share
Facebook Twitter LinkedIn Pinterest Email

Kazakhstan aims to further increase the volume of oil it exports through the Baku-Tbilisi-Ceyhan (BTC) pipeline, underscoring Astana’s continued efforts to diversify its routes amid the Central Asian region’s constrained geography.

Following a meeting in Astana this week with Azerbaijani Foreign Minister Jeyhun Bayramov, Kazakh Foreign Minister Murat Nurtleu noted that the two sides were implementing prior agreements to supply Kazakh energy resources to global markets via Azerbaijan. 

“Last year, 1.4 million tons of oil were exported via the Baku-Tbilisi-Ceyhan pipeline. In the future, it is planned to increase the volume of transit of Kazakhstani oil to 2.2 million tons per year,” he said.

In November 2022, Kazakhstan’s state-owned oil and gas company, KazMunayGas (KMG), signed a five-year agreement with Azerbaijan’s state-owned oil and gas company, SOCAR, in which 1.5 million tons of Kazakh oil would be transferred via the BTC pipeline from Azerbaijan to Georgia and on to Turkiye.

At the time, then-Kazakh Energy Minister Bolat Akchulakov indicated the country’s aims to increase its oil exports via alternative routes, with the Astana Times reporting that Kazakhstan planned “to increase oil supplies through Azerbaijan to 6-6.5 million tons.”

The agreement came as Kazakhstan looked to operationalize additional routes in the wake of Russia’s full-scale invasion of Ukraine in February 2022. Writing in October 2022, Paolo Sorbello noted that oil producers in Kazakhstan recognized the risks of the war on pipelines running through Russia as well as the opportunities presented by European customers looking for alternative suppliers.

By April 2023, Kazakh oil was being shipped from Ceyhan, in Turkiye, across the Black Sea to the Petromidia refinery near the Romanian port of Constanta (the port of Midia, one of Constanta’s satellite ports, is used to supply the refinery). Petromidia is owned by KMG International, which acquired a 75 percent stake in the original operating company, Rompetrol, in 2007 and the final 25 percent in 2009. Petromidia is Romania’s only Black Sea coast refinery. 

See also  Oil climbs with tight supply back in focus

Bloomberg reported in March 2023 on Kazakh struggles to export enough crude oil via pipelines to meet European demands, given a drop in production in February 2023 amid unplanned maintenance work at the Tengiz field. Production volumes ebb and flow: in October 2024 maintenance work brought production levels down at the Kashagan field; in February 2025, however, Kazakhstan’s oil output hit a record high, in particular on the back of surging output at Tengiz. 

There have also been more unique issues, such as the February 17 Ukrainian drone attack on the Caspian Pipeline Consortium (CPC). The CPC carries oil from Kazakhstan to the Russian Black Sea port of Novorossiysk; it handles an estimated 80 percent of Kazakhstan’s exports. According to RFE/RL’s Kazakh Service, Azattyq,  in 2024, the CPC transported 63 million tons of oil – 53 million tons from Kazakhstan – most of which went on to Europe and the United States. 

An expansion of volumes routed through the BTC pipeline won’t come anywhere close to lessening Kazakhstan’s dependence on the CPC, but serves to underscore the continued necessity of expanding Astana’s options wherever possible. The significant volume Kazakhstan would need to reroute to eliminate its dependence on Russian territory arguably requires a pipeline across the Caspian Sea. 

In an August 2024 article, Luke Coffey, a senior fellow at the Hudson Institute, argued that a “pipeline is the only economically viable way to move natural gas across the Caspian Sea.”

A full decade ago, in 2016, Kazakhstan and Azerbaijan were discussing a trans-Caspian project, building on a decade of prior discussion. While the pipeline remains a dream, the motivations for such a project continue to accrue.

See also  Central Asia’s Rare Earths May Fuel Energy Transition
aims BTC exports increase Kazakhstan Oil pipeline
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Intel CEO gives investors a reality check

June 23, 2026

China’s 618 shopping festival growth slows sharply as consumer spending malaise persists

June 23, 2026

Borrowing need will dictate your interest rate

June 23, 2026

52-year-old Outback Steakhouse rival chain closes 24 locations

June 22, 2026
Add A Comment

Leave A Reply Cancel Reply

Top Posts

New intravenous lipid nutrition cuts pediatric hospitalizations and infections

September 6, 2023

Japan’s Difficult Exit From Easy Money

March 7, 2023

The Rise of VietJet, Explained

September 19, 2024

Packers’ Josh Jacobs Arrested, Facing Multiple Charges Of Domestic Violence

May 27, 2026
Don't Miss

Giants Pitchers Who Wrote Bible Verses On Pride Night Hats Won’t Be Disciplined, MLB Commissioner Rob Manfred Says

Sports June 23, 2026

Rob Manfred, the commissioner of Major League Baseball, said to Sen. Josh Hawley (R-MO) that…

Intel CEO gives investors a reality check

June 23, 2026

Joy Reid Claims Black People Aren’t Excited For July 4th, Juneteenth Is The ‘Real Thing’

June 23, 2026

Not ‘My Place to Use My Stage’ to ‘Tell People How to Think or How to Vote’

June 23, 2026
About
About

This is your World, Tech, Health, Entertainment and Sports website. We provide the latest breaking news straight from the News industry.

We're social. Connect with us:

Facebook Twitter Instagram Pinterest
Categories
  • Business (4,386)
  • Entertainment (5,257)
  • Finance (3,886)
  • Health (2,326)
  • Lifestyle (1,893)
  • Politics (3,653)
  • Sports (4,617)
  • Tech (2,296)
  • Uncategorized (4)
  • World (5,164)
Our Picks

‘Alaska Daily,’ ‘Big Sky,’ ‘The Company You Keep’ Canceled at ABC

May 13, 2023

What To Shop During Avène’s Deal Days Sale

July 10, 2023

Coherus BioSciences Disrupts Humira-Referenced Biosimilar Space

June 3, 2023
Popular Posts

Giants Pitchers Who Wrote Bible Verses On Pride Night Hats Won’t Be Disciplined, MLB Commissioner Rob Manfred Says

June 23, 2026

Intel CEO gives investors a reality check

June 23, 2026

Joy Reid Claims Black People Aren’t Excited For July 4th, Juneteenth Is The ‘Real Thing’

June 23, 2026
© 2026 Patriotnownews.com - All rights reserved.
  • Contact
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.