Kazakhstan shipped its first batch of oil to Hungary via a Croatian port.
The state-owned oil and gas company of Kazakhstan, KazMunayGas (KMG), recently completed its first offshore crude oil delivery to Hungary, marking an important milestone in the country's efforts to expand its energy export routes to the European Union.
The total volume of crude oil delivered this time reached 85,000 tons. As part of a broader cooperation between KMG and the Hungarian MOL Group, the oil was ultimately transported to the Százhalombatta refinery in Hungary. During the transportation process, the crude oil was first shipped by the "Alatau" tanker operated by Kazmortransflot, a shipping subsidiary of KMG, from the port of Novorossiysk in Russia to the port of Omisalj in Croatia. KMG stated in a statement that this move, by leveraging the capacity of the national shipping company, significantly expanded the geographical scope of its oil exports to the EU market.
After the crude oil arrived at the Croatian coast, it was transported through the Adriatic Pipeline operated by the Croatian JANAF company to its final destination in Hungary. In the current context where the diversification of energy transportation routes is becoming increasingly important, this new route provides a strategic alternative to the existing overland pipelines. After the tanker's arrival, representatives from KMG, the MOL Group, and JANAF immediately met to discuss future cooperation. During this period, KMG and the MOL Group signed a framework agreement to ensure continuous deliveries and deepen cooperation in the energy sector.
This development is an important step for Kazakhstan to strengthen its energy ties with European countries and reduce its dependence on traditional pipeline routes.
