Kazakhstan's TCO cranks up LPG exports to Finland
(Reuters) - Kazakhstan's Tengizchevroil exported about 2,000 metric tons of LPG to Finland by rail last month as the company seeks to expand in new markets, industry sources said on Tuesday
TCO, in which Chevron has a 50% stake, resumed exports of LPG - used as a motor fuel and for household heating - to Finland in November after a seven-year hiatus.
At the same time, Kazakhstan halved LPG rail transit via Russia to 22,300 tons in January, from 40,300 tons a year ealrier, in the face of export restrictions introduced to meet domestic demand.
TCO did not respond to a request for comment.
LPG is a popular car fuel in Kazakhstan, where prices have been regulated since early 2022 after a price spike prompted public unrest.
Exports have also been limited by suspension of shipments to Ukraine, Belarus and Russia's southern ports because of the conflict in Ukraine.
Related News
- Allison Transmission 4500 RDS Model now pairs with Cummins X15N natural gas engine
- Prometheus Hyperscale, Spiritus, and Casper Carbon Capture partner to build carbon-negative data halls and energy infrastructure in Wyoming (U.S.)
- Waga Energy, Waste Commission of Scott County, and Linwood Mining and Minerals commission RNG facility in Iowa (U.S.)
Related News
- Aramco signs $11-B Jafurah midstream deal with international consortium led by Global Infrastructure Partners
- Digital Exclusive: Turbomachinery: The backbone of cryogenic gas processing
- CPC Corp. awards CTCI EPC contract for LNG build in Taiwan
- ATCO receives regulatory approval for $2-B, 1.1-Bft3d Yellowhead Pipeline Project
- Standard Charter delivers $15-B financing for Venture Global's CP2 LNG project
Comments