Crude oil piped from Kazakhstan to China reaches record high
URUMQI — Crude oil imports from Kazakhstan to China through a transnational pipeline hit a new record high last year, PetroChina West Pipeline Company said Thursday.
The China-Kazakhstan pipeline carried 12.3 million tons of crude oil into the world's second-largest economy in 2017, up 23.2 percent year-on-year, the pipeline operator said.
The crude oil production cuts by OPEC members in early 2017 drove up crude prices, and oil producers in Kazakhstan then increased exports, it said.
The pipeline runs more than 2,800 kilometers from the city of Atyrau to Atasu in Kazakhstan via the Alataw pass in Xinjiang Uygur autonomous region to the PetroChina Dushanzi Petrochemical Company, one of China's major petrochemical producers. It became operational in 2006.
