ALMATY — Kazakhstan has renewed its oil supply agreement with Germany, extending the partnership until the end of 2025, in a move to bolster energy ties between the two nations.

According to Trend News Agency via Kazakhstan’s Ministry of Energy, the extension was announced this September. The agreement ensures the continuation of oil shipments to Germany via the Atyrau-Samara pipeline, which links to the Druzhba pipeline crossing Russian territory. From January to September 2024, Kazakhstan exported approximately 1.082 million tons of oil to Germany under the current terms of the agreement.

Energy Minister Almasadam Satkaliev outlined that Germany has proposed increasing the annual supply volume to 2.5 million tons. Achieving this goal requires negotiations with Russia to secure transit approvals and coordination with both major and independent oil and gas producers to ramp up production capacities. Initial consultations on these adjustments have recently commenced.

Minister Satkaliev also noted that Kazakhstan is targeting exports of 1.2 million tons of oil to Germany by the end of the current year. He mentioned that discussions with Russian authorities regarding the increase are actively underway, emphasizing the strategic importance of this route for Kazakh oil exports.