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Kazakhstan's TCO ships first oil to Germany via Druzhba pipeline, sources say
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Kazakhstan's TCO ships first oil to Germany via Druzhba pipeline, sources say
Jun 27, 2025 3:34 AM

MOSCOW, June 27 (Reuters) - Kazakhstan's Tengizchevroil

(TCO) exported its first oil to Germany last month via Russia's

Druzhba pipeline, supplying 100,000 metric tons, two industry

sources told Reuters, as the venture ramps up production.

TCO is owned by Chevron ( CVX ) with a 50% stake, ExxonMobil ( XOM )

with 25%, KazMunayGaz with 20%, and Lukoil

with 5%. It operates Kazakhstan's largest oilfield,

Tengiz.

The consortium declined to comment.

Kazakhstan's main oil exporting channel goes via the Caspian

Pipeline Consortium, which ships around 80% of the country's oil

via Russia's Black Sea terminal. But the world's largest

land-locked country is striving to diversify its exporting

routes.

Chevron ( CVX ) said in January it had begun a $48 billion expansion

of Tengiz, which is one of the world's deepest and most complex

fields due to high sulphur levels and harsh weather conditions.

Output at the field in January to May reached 15.9 million

tons, according to KazMunayGaz.

Kazakhstan's oil exports to Germany via the Soviet-built

Druzhba (Friendship) pipeline, are forecast to rise this year to

2 million tons, or around 40,000 barrels per day, from 1.5

million tons in 2024.

Kazakhstan has given its oil, supplied via Russia, the name

KEBCO (Kazakhstan Export Blend Crude Oil) to distinguish it from

Russia's Western-sanctioned Urals blend.

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