China and Russia started an unspoken conflict over oil supplies from Kazakhstan. About informs Eurasiannet.
In the face of the slowdown in the Chinese economy, China wants the oil from Kazakhstan to be able to enter the world market freely. However, if these resources are not available, oil prices will rise sharply and consumer demand for goods from China will begin to decline.
They also added that after the start of Russia’s special operation in Ukraine, Moscow blocked oil supplies from Kazakhstan twice. At the same time, the reasons for Russia do not matter, the main thing is that Beijing does not like such actions.
According to the publication, China implicitly scolded Russia for blocking it. At the same time, Beijing has made it clear that it will not tolerate interference in the export of Kazakh oil.
August 23 Kommersant WroteThe Caspian Pipeline Consortium (CPC) reported that deliveries of Kazakh oil to the world market via the oil pipeline could drop by 15 million tons in a year due to the fourth equipment failure.
Prior to that, the CPC-R, in which Russia and Kazakhstan participated, again reduced oil pumping into Russia. The reason for the decrease in the supply of raw materials to the Russian territory, CPC called, the repair of the pipeline and the cessation of oil production at the Kashagan field.