Europe Gets Taste for Kazakh Crude Blend

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ss795187051-National Corporation Kazmunaigas-ASTANA- KAZAKHSTAN
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Kazakhstan Export Blend Crude Oil (Kebco), a new export stream the Kazakhs introduced last June to minimize the impact of EU sanctions on Russian oil sales, is now trading at around a discount of just $3 per barrel to the North Sea dated Brent benchmark, the head of state oil company Kazmunaigas (KMG), Magzum Mirzagaliyev, told the annual CERAWeek by S&P Global conference in Houston.

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