Kazakhstan and Austria discuss stability of oil supplies via CPC

Kazakhstan and Austria have discussed ensuring stable supplies of Kazakh oil to the European market through the Caspian Pipeline Consortium (CPC), Report's Kazakhstan bureau informs, citing the Ministry of Foreign Affairs of Kazakhstan, following a phone call between Kazakh Foreign Minister Yermek Kosherbayev and Austrian Federal Minister for European and International Affairs Beate Meinl-Reisinger.

The sides discussed the safety of international shipping and the uninterrupted operation of the CPC amid the situation surrounding the consortium.

Kazakhstan's Foreign Ministry noted that a significant portion of Kazakh oil supplied to Austria is transported via this route. Kazakhstan accounts for around 56% of Austria's crude oil imports.

The foreign ministers also exchanged views on international and regional issues and reaffirmed their readiness to continue practical cooperation between the two countries.