India's First International News Journal

22.1 C
Thursday, March 30, 2023

Kazakhstan lacks oil to supply Germany


In April, Kazakhstan will send an additional 20,000 tonnes of oil through the Druzhba pipeline to Germany. It will be a sort of appendix to the first two batches of the same volume, one of which has already been shipped, and the second is being prepared for shipment this month.

According to Kazakh Energy Minister Bolat Akchulakov, the country intends to supply Germany with 20,000 tonnes of oil per month. In total, according to the minister, according to the results of 2023, the volume of exported oil will amount to 300,000 tons.

However, oil market experts pay attention to one point. In January this year, Transneft received a request from Kazakhstan for pumping through the Druzhba pipeline. The volume of the first batch was to be 20,000 tons.

But neither in January nor in February did Germany receive oil. The first batch of raw materials only left in March this year. According to Bloomberg, Kazakhstan simply could not find enough oil to export to Germany.

Kaztransoil then announced that in the first quarter of 2023, the country would send 90% less energy resources to Germany than originally planned.

Experts explain the current situation by the fact that the production of raw materials in Kazakhstan has fallen by 100,000 barrels per day since the end of February this year. It was not possible to revert to previous volumes even after repairs were carried out on the largest Tengiz field in the country.

Copyright © 2023 The Eastern Herald.

Help us continue our mission to deliver the latest news and stories by becoming a supporter of our newspaper. Your support will help us to continue to provide high-quality journalism, and to ensure that our content remains free and accessible to all. Click here to show your support. Thank you!

For latest updates and news follow The Eastern Herald on Google News, Instagram, Facebook, and also on Twitter.
News Room
News Room
The Eastern Herald’s Editorial Board validates, writes, and publishes the stories under this byline. That includes editorials, news stories, letters to the editor, and multimedia features on


Please enter your comment!
Please enter your name here




Read More