USD 92.1314

-0.37

EUR 98.7079

-0.2

Brent 89.19

-0.06

Natural gas 1.977

+0.01

1727

Nearly 120 mln tonnes of crude oil piped from Kazakhstan to China

Nearly 120 mln tonnes of crude oil piped from Kazakhstan to China


Beijing, May 31 - Neftegaz.RU.
A transnational pipeline has sent 119 million tonnes of crude oil from Kazakhstan to China as of May, with a trade value totaling 443.8 billion yuan ($64.2 billion), Chinese Xinhua reported.

Running more than 2,800 km from Atyrau in Kazakhstan via the Alataw Pass in Xinjiang Uygur Autonomous Region to the PetroChina Dushanzi Petrochemical Company, the China-Kazakhstan pipeline has been operating smoothly since May 2006.

The pipeline helped diversify Kazakhstan's crude oil exports, ensured the crude oil supply for 2 major refineries in eastern Kazakhstan, and expanded China's crude oil import channels.

Under the Belt and Road Initiative, energy cooperation between the 2 countries has been strengthened.

China has imported 3.7 million tonnes of crude oil, worth 10.4 billion yuan during the 1st 4 months this year via the Alataw Pass.

Follow us on Google News
Advertising at neftegaz.ru

Subscribe to our newsletter

of the best materials Neftegaz.RU

* Incorrect E-Mail Address

By clicking the "Subscribe" button I accept the "Agreement on the processing of personal data"


Advertising at neftegaz.ru