Kazakhstan is going to supply to Russia 242,000 tons of raw oil as payment for oil products in August and September

Counter deliveries of Kazakh oil to Russia as payment for oil products supplied to Kazakhstan on duty-free basis are planned at a rate of 242,000 tons in August and September, the Vice Minister of Energy of Kazakhstan U. Karabalin says.

Kazakhstan and Russia agreed that Kazakhstan will supply backward cost oil for oil products received in 2012 – 2013. Now Kazakhstan is completing calculation and checking of the volume and is going to start supplies already this month. Supplies will be 60,000 in August and 182,000 tons in September.

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