Crude Oil: Kazakhstan wants to supply more oil to Germany
Kazakh President Kassym-Jomart Tokayev wants to supply more oil to Germany. Friedrich Merz sees the country as an important building block in the diversification of German oil imports.
Kazakhstan plans to increase its oil supplies to Germany, according to President Kassym-Schomart Tokajew. He made the statement during a press conference with Chancellor Friedrich Merz, highlighting Kazakhstan's role as a key oil supplier to Germany. Merz emphasized the importance of Kazakh oil as a replacement for Russian oil, which Germany no longer imports, and noted that Kazakhstan is a crucial part of Germany's efforts to diversify its supply relationships.
The development comes after Russia stopped transshipping Kazakh oil to the PCK Schwedt refinery in Brandenburg in May.
Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
