Tokayev: Kazakhstan needs to diversify oil supply routes

Tokayev: Kazakhstan needs to diversify oil supply routes

Kazakh President Says Trans-Caspian Project Priority for Country's Oil Exports

Kazakh President Kassym-Jomart Tokayev on Thursday set the task of diversifying oil supplies during a meeting on the development of transport and transit potential of the country.

"The priority area is the Trans-Caspian International Transport Route [TITR]. I instruct KazMunayGas [state oil and gas company] to work out the best option for its realization, including the possibility of attracting Tengiz project’s investors. The government and Samruk-Kazyna should take measures to increase the capacity of the Atyrau-Kenkiyak and Kenkiyak- Kumkol' oil pipelines," Tokayev said, as quoted by the presidential office.

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