Kazakhstan’s Oil Sector Stumbles, but Export Revenues Tell Different Story
4 Articles
4 Articles
Russia exchanges energy routes and redirects exports of oil from Kazakhstan from the Baltic port of Ust-Luga to Novorossiisk, to the Black Sea, according to Reuters. Manevra aims to release transport capacities for its oil, at a time when Ukrainian drone attacks have increased maritime risks, causing some shipowners to avoid Russian ports in the region.
Russia redirects Kazakhstan's oil exports from the Baltic port of Ust-Luga to Novorossiisk, in the Black Sea, to free up capacity for its own exports, under conditions where Ukrainian drone attacks increase risks for Russian transport in the Black Sea region, said four sources, reports Reuters.
Kazakhstan’s Oil Sector Stumbles, but Export Revenues Tell Different Story
The Astana Times provides news and information from Kazakhstan and around the world. ALMATY – Kazakhstan’s oil sector experienced a period of lower production in the first seven months of 2026, with production falling 8.9% to 53.2 million tons amid disruptions at the Tengiz field and the country’s main export route through the Caspian Pipeline Consortium (CPC). Yet the decline in production has not translated into a comparable fall in export rev…
Russia is redirecting Kazakh oil to the Black Sea to free capacity for its own exports across the Baltic
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