Novak announced Russia’s readiness to support Kazakhstan’s application for oil transit to Germany

Novak announced Russia's readiness to support Kazakhstan's application for oil transit to Germany

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Russia is ready to support Kazakhstan’s bid to supply oil to Germany through the Druzhba pipeline, Deputy Prime Minister Alexander Novak said. transmits TASS.

“Yes,” Novak replied to the related question. According to him, the Russian side “takes a normal attitude to this.”

Kaztransoil, an oil pipeline company of Kazakhstan, applied to Transneft for the transit of 1.2 million tons of Kazakh oil to Germany in 2023. About this reported today, December 29, the press service of the company. The message added that in order to transport oil through the territory of Belarus, Kaztransoil and Gomeltransneft Druzhba signed an agreement for the provision of services for the supply of energy.

On December 21, it became known that the Kazakh state company Kazmunaigas (KMG) considers the possibility of sending a batch of oil to Germany at the beginning of 2023. We are talking about the export of Kazakh oil via the Druzhba pipeline to an oil refinery in Schwedt in the east of Germany (the federal state of Brandenburg).

December 20, Transneft official representative Igor Demin saidthat the decision on the transit of oil can only be taken by the Ministry of Energy of the Russian Federation. Then he noted that Kazakhstan cannot replace the volumes of energy that used to go from Russia to Germany.

Formerly President of Transneft Nikolai Tokarev declaredthat the company received requests from Poland and Germany to pump oil, despite reports of reluctance to continue deliveries. He clarified that Poland has submitted applications for December and for the whole of 2023, and Germany – for the first quarter of next year.

On December 3, the EU countries agreed on a price ceiling for Russian oil of $60 per barrel. The document was published in the Official Journal of the EU on 4 December. The restriction came into force on December 5, along with a ban on the supply of Russian oil by sea to the EU countries. For petroleum products, the restriction will take effect from February 5, 2023. In addition to the EU countries, the G7 countries and Australia also joined the ceiling.

On December 27, Russian President Vladimir Putin signed a decree on retaliatory measures to the oil price ceiling. According to the text of the document, a ban is introduced on the supply of Russian oil and oil products to foreign companies and individuals, if the contracts directly or indirectly provide for a cap price mechanism. It is emphasized that this measure is applied at all stages of deliveries to the final buyer. It is also clarified that the president can make a special decision on the supply of oil and oil products, in respect of which restrictions were previously introduced by decree. The ban on oil supplies comes into force on February 1, 2023, and the Russian government will determine the date for oil products.

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