BAKU, Azerbaijan, August 13. Kazakhstan and the
European Union discussed energy cooperation and prospects for
developing international energy supply infrastructure, including
the Caspian Pipeline Consortium (CPC).
This was announced by the press service of the Kazakh MFA,
following the phone call between Minister Yermek Kosherbayev and EU
High Representative for Foreign Affairs and Security Policy and
European Commission Vice-President Kaja Kallas.
According to the ministry, the sides reviewed the implementation
of agreements reached during Kazakh President Kassym-Jomart
Tokayev's visit to Brussels on June 23.
The discussion covered the bilateral agenda, expansion of trade
and economic ties, promising areas of cooperation and the schedule
of upcoming bilateral and multilateral contacts.
“The participants focused on issues related to cooperation in
the energy sector and the prospects for developing international
energy supply infrastructure, including within the framework of the
Caspian Pipeline Consortium (CPC),” the ministry outlined.
The sides also confirmed their interest in further strengthening
the Kazakhstan-EU partnership and expanding cooperation in
promising areas.
Meanwhile, Kazakhstan's energy exports through the Caspian
Pipeline Consortium (CPC) remain an important part of its
international oil supply infrastructure. According to OPEC's August
2026 Monthly Oil Market Report, crude flows through the CPC
terminal on the Black Sea were broadly unchanged at around 1.7
million barrels per day in July, up by 69,000 barrels per day, or
about 4%, year-on-year.
The report also noted that disruptions to CPC Blend loadings
affected crude markets in July. Several days of suspended loadings
prompted European refiners to seek alternative crude grades, while
CPC Blend differentials increased by $0.83 per barrel. OPEC said
crude flows through the CPC terminal remained broadly unchanged
month-on-month.
