Kazakhstan could pump 70% more Russian oil to China - KMG chief
MOSCOW. June 16 (Interfax) - KazTransOil, which is part of Kazakhstan's national oil and gas company KazMunayGas or KMG, could if necessary pump 70% more Russian oil to China, KMG's chief executive, Magzum Mirzagaliyev, told Interfax on the sidelines of the St. Petersburg International Economic Forum.
"You know that CNPC has signed an agreement with Rosneft . If Russian companies are ready for transit via Kazakhstan, then we are ready too. Today, 10 million tonnes of Russian oil are shipped via Kazakhstan. If we get a request from Russia to increase that then we'll have to look at the technicalities. But technically our pipeline can carry 20 million tonnes of oil to China and theoretically we could pump 70% more [Russian oil]," he said.