Kazakh oil exports to Germany jump 48 per cent in January-May

Kazakhstan's oil exports to Germany via Russia's Druzhba pipeline jumped in January-May by 48 per cent year-on-year to 767,000 tons (37,000 bpd), Kazakhstan's pipeline company Kaztransoil said on Tuesday.

Reuters used a barrels per ton ratio of 7.33.

Supplies through the Druzhba pipeline in May alone totalled 230,000 tons, the company said.

According to the company, oil exports via the Baku-Tbilisi-Ceyhan (BTC) pipeline rose by 10 per cent in the first five months of the year from the same period a year ago to 637,000 tons. In May, the volumes reached 149,000 tons.

Kazakhstan sends crude by tanker across the Caspian Sea for export via the BTC, which crosses Azerbaijan, Georgia and Turkey.

The route is seen as a way for Kazakhstan, the world's largest landlocked country by landmass, to bypass Russia in its commodity exports.

Currently, Kazakhstan exports more than 80 per cent of its oil through another pipeline operated by the Caspian Pipeline Consortium (CPC). The CPC connects the Tengiz field in western Kazakhstan and a number of others with a marine terminal near Russia's Black Sea port of Novorossiisk.

(Reporting by Reuters; Editing by Aidan Lewis)