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Kazakhstan Eyes Participation in Georgian Oil Pipelines

მილსადენი
Mariam Vardanashvili
10.08.26 22:41
26

"The Kazakh government is interested in participating in the project [for oil pipelines running through Georgia], which will increase budget revenues, enhance the country's geopolitical importance, and make our energy sector more attractive," stated Deputy Minister of Economy Inga Pkhaladze.​

According to her, several strategically important agreements were signed between Georgia and Azerbaijan in Baku in the spring of 2026.​"Executing these agreements will ensure our country's energy supply, energy security, and the rational utilization of its transit potential. One of the most important and successful agreement formats in this energy package was the decision regarding the capacity utilization and operation of the Baku-Supsa oil pipeline. This project will reinforce Georgia's position as part of the Middle Corridor and an energy hub," Pkhaladze said.

Kazakh Report also covered the topic. According to the online publication, Kazakhstan is considering the Baku-Tbilisi-Ceyhan (BTC) pipeline, the Baku-Supsa route and transit across the Caspian Sea through Azerbaijan as additional options for oil exports amid instability in the operation of the Caspian Pipeline Consortium (CPC).According to Report, the Kazakh Energy Ministry told Interfax-Kazakhstan that the alternative routes are being considered to ensure additional export capacity.

Kazakhstan's national oil and gas company KazMunayGas (KMG) plans to increase oil exports through the Baku-Tbilisi-Ceyhan pipeline by 31% in 2026 compared with 2025, reaching 1.7 million tonnes.The volume of Kazakh oil transshipped through the port of Aktau toward the BTC pipeline amounted to 704,000 tonnes in January-June 2026.The BTC pipeline is 1,768 kilometers long and has an annual capacity of more than 50 million tonnes of oil.The project's shareholders are SOCAR with a 32.97% stake, Britain's BP plc with 30.1%, Hungary's MOL with 8.9%, Türkiye's TPAO with 6.53%, Italy's Eni and France's TotalEnergies with 5% each, Japan's Itochu with 3.4%, India's ONGC Videsh with 3.1%, and US-based ExxonMobil and Japan's INPEX with 2.5% each.

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