Condensate Oil Refinery to Export Up to 70% of Fuel to Russia
The Condensate oil refinery in the West Kazakhstan region will accept Russian oil for processing and export up to 70% of the produced gasoline and diesel fuel to the Russian market. About 30% of the petroleum products will remain for the needs of the domestic market of Kazakhstan, while the remaining volumes will be transported to the Russian Federation, depending on the capacity of the railway transport. The plant is located in Aksai, is not connected to main oil pipelines, and relies on the supply of raw materials and the shipment of finished products by rail. The owner of the plant is not under international sanctions, which allows for continued cooperation. Deliveries of petroleum products to Russia may begin immediately, and the plant is also undergoing reconstruction to increase capacity. The involvement of Kazakhstan's refining capacities is linked to a fuel shortage in the domestic market of Russia, caused by damage to Russian oil refineries. Russia is also importing fuel from Turkey, India, and Morocco, using bypass routes through the Murmansk region. It was previously reported that Kazakhstan would start exporting oil bypassing Russia through the Georgian port of Batumi.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Deripaska Halts Four Rusal Plants Due to $800 Million Losses

Russia Attacks Naftogaz's Kherson Thermal Power Plant, All Equipment Destroyed

Floods in Nepal Damage Nine Hydropower Plants, Country May Import Electricity from India

Russia Strikes 'Zaporizhstal' Again with Five Missiles

Anthropic Signs $45 Billion Agreement with Nscale for AI Data Centers

ADATA Technology Plans Electronic Components Plant in Paraguay

Drones Attack Wildberries Warehouse and Nizhny Novgorod Oil Refinery

Andrew Kang's Shareholder Letter: Robotics Investment Reaches a Turning Point, Private Valuations Still Severely Lagging

Analysis of Mining Machine Asset Depreciation and Tax Cost Recovery

Trump Says U.S. Urgently Needs Canadian Aluminum, Plans to Build Aluminum Plant to Address Trade Dispute

Hanwha Establishes Hanwha Horizon USA and Integrates LNG Business in the U.S.

Maximum Power Demand Reassessed at 158.4 Gigawatts for 2040

Hanwha Ocean Expands AI Welding Application to 67% and Targets U.S. Naval Market

Apple TV+ Raises Price for the 4th Time: What's Behind It

Mounjaro Receives Cardiac Approval from the FDA: What It Means for Eli Lilly

GDP, Debt, Rates: Is France Heading Towards Recession?

Cedears: ETFs Replicating Soybeans and Corn to Be Added to the Market

Spot Trading on Decentralized Exchanges Reaches 13.6%, Sparking Debate on DeFi Governance

Intense Battle in the Sejm Over Presidential Veto. Czarzasty Strongly on Cryptocurrencies and 'Mafia Activities'

Walmart Reaches Settlement with U.S. Over Opioid Lawsuit

Cyberattack at Lingor: Identity Documents, IBANs, and Addresses of Gold Buyers Exposed

JPMorgan’s IBIT Bitcoin ETF bet just missed its escape hatch to avoid 6% deduction

A zero-revenue public company tried to copy Michael Saylor to avoid delisting, but its stock immediately crashed 25%

Coinbase: "Finance Was Built for People Who Sleep"

Beyond the rally: 4 Trends to watch this cycle

Aging is not linear: cells go through coordinated stages of deterioration

Export Tax on Oil Suspended by Court

The $37 Billion Tokenization Boom Has an Ownership Problem

Sanctum Becomes Leading Protocol on Solana, But Revenues Plummet by 39.7%












