"In the oil and gas sector, a general agreement on the transit of Kazakh oil with a volume of 1.5 million tons per year via the Aktau–Ceyhan route has been signed between SOCAR and the National Company “KazMunayGas,” said President Ilham Aliyev in an interview with Kazinform, APA reports.
The President recalled that in 2024, an agreement was signed on the phased increase of transit volumes and reduction of tariffs.
According to the President of Azerbaijan, to enhance transportation efficiency through the ports of Aktau and Alat, measures are being implemented to modernize infrastructure, renew rolling stock, and more — all of which will strengthen the position of the Middle Corridor as a key transit route between Europe and Asia.
President Ilham Aliyev also emphasized that in industrial cooperation, an important area is also partnership in the shipbuilding industry.
The head of state noted that the development of green energy occupies an important place on the bilateral agenda.
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