Russian Oil Flows to China via Kazakhstan Remain Flat in 2024

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Russian Oil Flows to China via Kazakhstan Remain Flat in 2024
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Russia's oil exports to China via Kazakhstan have remained stable despite geopolitical tensions and shifting global energy markets.

Russia ’s oil deliveries to China via Kazakhstan have stayed essentially flat this year, according to data by Kazakhstan ’s pipeline operator KazTransOil. Between January and November this year, oil transit from Russia to China on KazTransOil’s network stood at 9,117,000 tons of oil, the company said on Friday in an overview of its export and transit oil deliveries for the first 11 months of the year. The volume is slightly down, by 0.

“We have discussed the possibility of creating new routes for pumping our products – petroleum and gas alike – to third countries, primarily the People’s Republic of China, through the territory of Kazakhstan among other optional routes,” Putin said, as carried in the English translation of the Kremlin’s transcript of the briefing. “These are very lucrative, exciting, and promising routes and projects.

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