Kazakhstan Plans to Expand Oil Exports via Azerbaijan Trans-Caspian Route

Kazakhstan plans to expand oil supplies along the Trans-Caspian route through Azerbaijan. KazMunayGas chairman Askhat Khassenov made the statement while answering journalists' questions, according to Day.Az, which cited Kazakh media.

Khassenov said the company intends to increase oil transport volumes across the Caspian Sea. However, the route's capacity is currently incomparable with volumes shipped through the CPC pipeline. He noted growing interest in the Trans-Caspian route not only from the national company but also from other oil-producing enterprises.

Further growth depends on economic conditions, including transport tariffs. Khassenov said: “Our task is to increase volumes. We are constantly working on this. You know the statistics, there is an annual increase on this route. Interest is big.”