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Iran hopes to import as much as 500,000 b/d of crude oil from Kazakhstan next year after expansion of the 320km Neka-Tehran pipeline.
The route will be used to send crude to the 280,000 b/d Tehran and 120,000 b/d Tabriz refineries in exchange for equivalent Iranian volumes to be lifted in the Mideast Gulf, says Tehran's ambassador to Kazakhstan, Murtaza Saffari. Shipments from the Kazakh Caspian port of Aktau to Iran's Neka are currently around 20,000 b/d, but Iran is in the process of boosting capacity of the Neka-Tehran route to 370,000 b/d.
Officials from Kazakh oil and gas firm Kazmunaigaz say that, while the country is interested in principle, "spare …