Kazakhstan Plans Drastic Expansion of BTC Pipeline Oil Exports

SEATTLE (Oil Monster): Kazakhstan declared plans to significantly increase its oil exports via non-Russian routes as part of its attempts to lessen its dependency on Russian infrastructure. Energy Minister Almasadam Satkaliev stated that the goal is to increase oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline by 13 times, from 1.5 million tons to 20 million tons. The Minister did not, however, provide a timeline for completing the intended extension.

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Currently, the Caspian Pipeline Consortium (CPC) pipeline and the Atyrau-Samara route are the main routes via which the nation exports its oil. Almost 80 percent of the nation's oil exports go via Russia. Kazakhstan has recently been considering diversifying its oil export routes.

The BTC pipeline, which connects the Ceyhan marine terminal to the Sangachal terminal on the Caspian Sea, is Kazakhstan's primary option for achieving its diversification objective. The nation started exporting using the BTC last year as a result of an agreement between Azerbaijan's SOCAR and Kazakh state energy company KazMunayGas.

Kazakhstan is predicted to produce and export approximately 88.4 million metric tons of oil and 68.8 million metric tons of oil, respectively.