Kazakhstan Extends Oil Exports To Germany

Germany has agreed to extend Kazakh oil imports for six months (January-June 2024) with a transportation volume of 100,000 tons per month. This comes as a result of a February 6th meeting between the chairman of Kazakhstan’s national oil and gas company KazMunayGas, Magzum Mirzagaliyev, and Johannes Bremer, the chairman of Rosneft Deutschland.

Rosneft Deutschland GmbH is the third largest petroleum processing company in Germany. It is now under German government control, following Russia’s invasion of Ukraine and the introduction of EU sanctions on Russian oil imports. 

Mr Mirzagaliyev and Mr Bremer announced that in 2023, 993,000 tons of Kazakh oil were transported through the Druzhba oil pipeline in Russia in the direction of Germany. 

KazMunayGas’ head said that Kazakhstan was interested in increasing its oil exports to Germany. “I am confident that joint activities will be mutually beneficial and long-term for the benefit of the economies of our countries,” said Mirzagaliyev.

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Times of Central Asia

Jonathan Campion has worked in the Eurasia region since 2007. After leaving Exeter University with a degree in Russian Language, he worked as a writer, editor, analyst and translator for international law firms, market research firms and business forums serving the CIS region's major industries, from banking and finance, to metals and pharmaceuticals, and wine and spirits. With a passion for Central Asia, he has covered the region in esteemed publications such as the Lonely Planet, Open Central Asia magazine, and National Geographic Traveler.
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He has translated books and poems from the region into English, and will be publishing his first book, about a sports team that saved lives at the start of Russia-Ukraine war, in April of 2024.

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