Almaty, June 19, IRNA -- The Kazakh national oil and gas company
"KazMuniaGaz" and its "Kaznafta" company have agreed to build two oil
terminals in Iran, the chairman of the board of directors of Kaznafta,
Marken Chaizhunusov, said.
Chaizhunusov made the remarks at a meeting with Kazakh Prime
Minister Daniyal Akhmetov in the Kazakh capital on Friday.
He said that his company (Kaznafta) and KazMuniaGas have agreed
to jointly work on a project to build two terminals to transport
Kazakh oil from Iran with a projected total storage capacity of
150,000 metric tons, the prime minister's press service said in a
statement.
Kazakhstan currently supplies oil to Iran under a swap scheme
whereby oil is shipped by the Kazakh side in tankers via the Caspian
Sea to the Iranian port of Neka, in northern Mazandaran province, and
in return receives the equivalent of such oil through the Iranian
port of Kharq in the Persian Gulf, concluded the statement.