RUSSIAN GOVT APPROVES 10-YEAR EXTENSION OF AGREEMENT WITH KAZAKHSTAN ON TRANSIT TO CHINA OF UP TO 10 MLN TONNES OF OIL PER YEAR

The Russian government has approved extending the long-term agreement with Kazakhstan on transit of Russian oil to China.

The relevant instruction on signing a protocol to make changes to the agreement between the parties has been published on the official Internet portal for legal information.

The agreement, which has been extended until January 1, 2034, stipulates the transport of Russian oil to China through Kazakhstan via the Atasu-Alashankou pipeline at up to 10 million tonnes per year.

Source: National News Agency – Lebanon

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ABOUT us
Welcome to Lebanon News Gazette, your window into the captivating world of Lebanese news and beyond. We are here to deliver timely, accurate, and captivating coverage that keeps you informed and engaged.