Azerbaijan reins in Kazakh drive to reduce oil transit via Russia

Azerbaijan said it would only be able to receive 2.2 million metric tons of Kazakhstan’s oil into its pipeline each year as it has a high sulphur content, curbing Astana’s efforts to reduce reliance on a Russian crude transit route. Azerbaijan’s state energy company SOCAR and Kazakhstan’s KazMunayGas KMGZ.KZ signed an agreement in March to ...