Kazakhstan|economy|October 28, 2019 / 10:40 AM
Belarus seeks to buy Kazakh oil

AKIPRESS.COM - Belarus and Russia will discuss conditions for transporting Kazakh oil to Belarus through Russian territory in the near future, Belarus President Alexander Lukashenko told reporters on October 25 after talks with Kazakhstan President Kassym Zhomart Tokayev, the New Europe reported.

“Belarus pays special attention to the diversification of oil supplies. Therefore, we are interested in importing oil from Kazakhstan. We agreed that we will hold consultations with Russia in the near future, since the transit of Kazakh oil will be carried out, if possible. through the territory of Russia,” Lukashenko said.

Earlier Kazakhstan’s Energy Minister Kanat Bozumbayev said that the main points of the agreement on the export of oil and oil products to Belarus have been agreed, but the document itself has not yet been signed. The agreement does not indicate volumes, but only negotiates the terms and conditions of supply. Kazakhstan annually produces about 90 million tonnes of oil per year and intends to increase oil production to 100 million tonnes within five years.

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