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BackKazakhstan announces additional oil deliveries to Germany
Kazakhstan announces additional oil deliveries to Germany
Developing
Die Zeit1 hour agoBusiness1 min readGermanyView original

Kazakhstan announces additional oil deliveries to Germany

KazakhstanGermanyoil

Quick Look

  • Kazakh President Tokayev announced additional oil deliveries to Germany in Berlin and emphasized his country's role as a reliable partner.
  • Chancellor Merz confirmed the interest in Kazakh oil as a replacement for Russian oil and spoke of diversifying supply relationships.
  • Russia stopped sending Kazakh oil through the Druzhba pipeline in May, forcing the PCK refinery in Schwedt to seek alternative sources.

AI-generated summary

Why It Matters

Due to the Ukraine war and associated sanctions, Germany has reduced its energy relations with Russia. The PCK refinery in Schwedt was previously heavily dependent on Russian oil and also received Kazakh oil via the Druzhba pipeline until Russia stopped this transit in May.

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Kazakhstan has announced additional oil deliveries to Germany. His country is one of the most important oil suppliers for the Federal Republic, said President Kassym-Schomart Tokajew in a press conference with Chancellor Friedrich Merz (CDU) in Berlin. His country wants to continue to be a reliable partner for Germany when it comes to oil deliveries.

Merz said that the Federal Republic was interested in Kazakh oil "as a replacement for the oil that we no longer get from Russia." The aim is to “diversify our supply relationships, and Kazakhstan is an important building block in this,” explained the Chancellor. Neither gave any details.

Russia stopped transiting Kazakh oil

After the Russian oil supply stop, Kazakh oil was particularly important for the PCK Schwedt refinery in Brandenburg. In May, in the wake of the Ukraine conflict, Russia stopped the transit of Kazakh crude oil through the Druzhba (Friendship) pipeline to PCK. Until then, Kazakh oil accounted for about a fifth of the volume processed there. The refinery looked for other sources of supply, including from Poland.

Russian oil has stopped flowing to the PCK refinery since 2023. The refinery is owned by 54 percent of German subsidiaries of the Russian state-owned company Rosneft, which are under federal trusteeship because of the Russian war of aggression against Ukraine.

Open Questions

  • Exactly how much additional oil Kazakhstan will supply
  • When the first additional deliveries are expected
  • Whether Germany offers financial or logistical considerations

Related Topics

Kazakhstan
PeopleKassym-Schomart TokayevFriedrich Merz
OrganizationsPCK SwedenRosneft
PlacesBerlinSchwedtRussia
TopicsGermanyoildeliveriesTokayevmerzRussia
This article was originally published by Die Zeit.

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