BAKU, Azerbaijan, November 3. State oil company
SOCAR and Kazakhstan’s KazMunayGas (KMG) have met to discuss
expanding the transit of Kazakh crude oil through Azerbaijan,
according to an official statement released by SOCAR following
high-level talks on November 3.
During the meeting between SOCAR President Rovshan Najaf and KMG
Management Board Chairman Askhat Khasenov, both parties highlighted
the steady growth of strategic energy ties between Baku and Astana.
The discussions focused on reviewing progress under their 2024
Memorandum of Strategic Cooperation, with emphasis on scaling up
oil transportation volumes through Azerbaijani infrastructure and
deepening broader energy sector partnerships.
The engagement builds on earlier bilateral talks held between
the two leaders on June 1 on the sidelines of Baku Energy Week.
According to SOCAR, the meeting highlighted the successful
development of energy sector ties between Azerbaijan and
Kazakhstan, and satisfaction was expressed regarding the
cooperation established between SOCAR and KazMunayGas.
During the conversation, it was noted that the project for
transporting Kazakh oil via Azerbaijan is proceeding successfully,
and the work carried out in this regard was reviewed. The parties
exchanged views on joint investment opportunities in third
countries, as well as other issues of mutual interest.
