Kazakhstan may increase oil exports through Azerbaijan amid problems with CPC
Kazakhstan is considering the Baku-Tbilisi-Ceyhan (BTC), Baku-Supsa routes and transit across the Caspian via Azerbaijan as additional options for oil exports amid instability in the operation of the Caspian Pipeline Consortium (CPC).
As reported by Report, this was stated to the Interfax-Kazakhstan agency by the republic's Ministry of Energy.
It is noted that the Kazakh national oil and gas company KazMunayGas (KMG) plans to increase oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline in 2026 by 31% compared to 2025, to 1.7 million tons.
The volume of transshipment of Kazakh oil through the port of Aktau in the direction of the BTC pipeline in January-June 2026 amounted to 704 thousand tons.
The length of the pipeline is 1,768 km, and its throughput capacity is over 50 million tons of oil per year.
The shareholders of the project are: SOCAR - 32.97%, British BP plc - 30.1%, Hungarian MOL - 8.9%, Turkish TPAO - 6.53%, Italian Eni and French TotalEnergies - 5% each, Japanese Itochu - 3.4%, Indian ONGC Videsh - 3.1%, American ExxonMobil and Japanese INPEX - 2.5% each.
