Kazakhstan is ready to transport more Russian oil and gas, President Kassym-Jomart Tokayev told the Russian daily Izvestia in remarks published early on Wednesday, a day before President Vladimir Putin was set to visit his country.
Kazakh President Kassym-Jomart Tokayev attends the Meeting of the Council of Heads of State of the Organization of Turkic States in Astana, Kazakhstan, November 3, 2023. Press Service of the President of Kazakhstan/Handout via REUTERS/File Photo
Keen to boost sales of its energy and commodities in Asia, after being hit by Western sanctions over its invasion of Ukraine, Putin proposed the"gas union" idea late last year to support shipments between the three countries and to other energy buyers, including China.Last month, Russia started supplying natural gas to Uzbekistan via Kazakhstan, marking the occasion with ceremonies in Moscow and elsewhere attended by the presidents of the three countries and shown on state TV.
A huge increase in liquefied petroleum gas prices early last year led to unrest in Kazakhstan's cities while a shortage of natural gas and electricity amid frigid temperatures sparked protests in Uzbekistan at the start of this year. Tokayev also said that Kazakhstan was ready for greater cooperation with Russia in the oil sector - including in transporting Russian oil. He said that plans called for a shipment of up to 100 million metric tons of Russian oil to China by 2033.
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