President: ‘Negotiations are continued in order to increase the volume of Kazakhstan’s oil through for Azerbaijan’

There are plans, and the negotiations are continued now in order to increase the volume of Kazakhstan’s oil through for Azerbaijan. Our pipeline infrastructure allows that, said the President of Azerbaijan, Ilham Aliyev, as he addressed the 4th international conference on “Shaping the Geopolitics of the Greater Eurasia: from Past to Present to Future” organized by ADA University to mark the 100th anniversary of National Leader Heydar Aliyev in Shusha, Report informs, citing AZERTAC.

“With respect to the increase through Baku-Tbilisi-Ceyhan, the problem can be the quality of final product, because Kazakhstani oil is different from Azeri Light. And if big volume is shipped through Baku-Tbilisi-Ceyhan, so we will lose quality, how to say, premium. Because Azeri Light oil, which we export through Baku-Tbilisi-Ceyhan is more precious even than Brent. But there are other options, of course, we can work on some commercial terms. If the quality of the final oil in Ceyhan changes or we have a pipeline, which is now empty, goes from Baku to the Georgian Supsa Sea port and can be also engaged, because there is a big market in the Black Sea,” the head of state underlined.