Russian Ally May Stop Transit Of Russian Oil To China
- 4.12.2025, 11:35
- 7,288
Bad news for the Kremlin.
Pipeline deliveries of Russian oil to China via Kazakhstan are in question due to US sanctions against Rosneft.
The Moscow Times writes The Moscow Times.
The fate of these supplies will depend on the decision of the U.S. Treasury Department, which in October imposed blocking sanctions against Rosneft and banned any transactions with it, the publication said.
Kazakhstan's Ministry of Energy has sent a request to the U.S. to get clarification on operating under the new conditions.
"If the U.S. Treasury Department issues a general license and removes the pipeline from sanctions, then deliveries will continue in the same volume," the publication said. "If the license cannot be obtained, Kazakhstan will face the choice of either stopping transit or risking that the operator of the national pipeline system Kaztransoil will be subject to secondary sanctions."
The Atasu-Alashankou pipeline pumps 10 million tons of oil to China annually from fields in Western Siberia. And Kaztransoil receives $15 for each ton of transit under the contract concluded in 2023.
The main volume of Russian oil China buys by sea - from 1 to 1.5 million barrels per day.
As reported, on October 22, the United States for the first time during the second administration of President Donald Trump applied new sanctions against Russia - its largest oil companies Rosneft and Lukoil.
The US Treasury Department said that the sanctions imposed by Washington against Russian oil companies Rosneft and Lukoil are already reducing Russia's revenues and are likely to reduce the volume of its oil sales in the long term.
In September, Rosneft signed an additional agreement to supply 2.5 million tons of oil a year to China via Kazakhstan.
In 2024, the transit of Russian oil to China via Kazakhstan amounted to 10.2 million tons, or about 204,000 barrels per day.
A joint Kazakh-Chinese venture, Kazakhstan-China Pipeline LLP, is in charge of supplying Kazakh oil and transit of Russian oil to China. Its founders: KazTransOil JSC (50%) and China National Oil and Gas Exploration and Development Corporation (CNODC) - also 50%. The company transports oil through Kenkiyak-Kumkol and Atasu-Alashankou trunk pipelines from fields in western Kazakhstan to China. Russian oil is transported through the Atasu-Alashankou section.
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