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Сентябрь
2024

Germany Wants More Kazakh Oil

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Germany, the European Union's biggest economy, is also the most vocal advocate of a transition away from oil and gas. Despite this policy, Germany is one of the biggest importers of liquefied natural gas. Now, it also wants to significantly boost its crude oil imports—from Kazakhstan. Media reported this week that the German government had asked its Kazakh counterparts to more than double the flow of crude oil in Germany's direction from 1.2 million tons to 2.5 million tons, equal to some 18.32 million barrels. And that's for this year alone.…