Moscow: ‘KazTransOil’ and ‘Transneft’ companies have signed an agreement for the transportation of Kazakh oil through Russia in 2026, as announced by ‘KazTransOil’ to APA-Economics. This agreement highlights the ongoing partnership between the two companies.
According to Azeri-Press News Agency, the agreement facilitates the export of Kazakh oil via Russian territory towards the Novorossiysk and Ust-Luga seaports, and to the border between Russia and Belarus. From these points, the oil is transported to European Union countries. Additionally, the agreement includes provisions for the transit of Russian oil through Kazakhstan. The collaboration also addresses the supply of oil to refineries within Kazakhstan.