“KazTransOil” and “Transneft” companies have signed an agreement on the provision of services for the transportation of Kazakh oil in transit mode through the territory of the Russian Federation for 2026, “KazTransOil” told APA-Economics.
The parties are united by long-term partnership relations.
The information notes that the companies’ joint activities ensure the export of Kazakh oil through Russian territory in the direction of the Novorossiysk and Ust-Luga seaports, as well as to the border between the Russian Federation and the Republic of Belarus, from where it is transported to European Union countries, and also provide for the transit of Russian oil through the territory of the Republic of Kazakhstan. In addition, the cooperation also covers issues related to the supply of oil to Kazakhstan’s oil refineries.
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