Rosneft to transit crude to China across Kazakhstan
12 november 2013, 15:15©REUTERS
Russia and Kazakhstan have signed a preliminary agreement to transport crude across Kazakhstan to China and a transit guarantee, Tengrinews reports citing RIA Novosti.
The agreement was signed by Chairman of Russia’s Rosneft Board Igor Sechin, Head of KazMunaiGas Sauat Mynbayev and Head of KazTransOil Kairgeldy Kabyldin.
Earlier a source in the Russian delegation told Russia’s Prime Agency that Rosneft and KazMunaiGas were thinking of signing some documents related to mutual oil supplies. He elaborated that some documents were being drafted at the interstate level to make sure the scheme is viable.
Late October Russia’s Energy Minister Aleksandr Novak said that Rosneft was negotiating oil transits across Kazakhstan to China via the Kazakh-Chinese Atasu-Alashankow pipeline. He elaborated that Rosneft was thinking of sending 7 million tons of crude to China, relying on the swap scheme.
The agreement was signed by Chairman of Russia’s Rosneft Board Igor Sechin, Head of KazMunaiGas Sauat Mynbayev and Head of KazTransOil Kairgeldy Kabyldin.
Earlier a source in the Russian delegation told Russia’s Prime Agency that Rosneft and KazMunaiGas were thinking of signing some documents related to mutual oil supplies. He elaborated that some documents were being drafted at the interstate level to make sure the scheme is viable.
Late October Russia’s Energy Minister Aleksandr Novak said that Rosneft was negotiating oil transits across Kazakhstan to China via the Kazakh-Chinese Atasu-Alashankow pipeline. He elaborated that Rosneft was thinking of sending 7 million tons of crude to China, relying on the swap scheme.
Tags:
Links:
KazTransOil Director General on planned crude supplies to China and Russia
Kashagan oil may be partially supplied to China
Rosneft wants to control Russian oil export to Kazakhstan
Kazakhstan to maintain oil pipeline to China without China's help
Russia against oil supplies to China across Kazakhstan at current export duty rate
Kazakhstan and China agree on construction of an oil refinery
Other news in the category "Markets" :
Astana bids to host World Petroleum Congress, but looses to Istanbul
Kazakhstan to tender out several onshore oil and gas blocks
Venezuela expands crackdown on prices
Kazakhstan lifts restrictions from import of Russian petrol
Rio Tinto to invest $13 million in geological exploration at the initial stage
Add comment
