Kazakhstan may process oil in Serbia.

By bne IntelliNews October 8, 2010
Kazakhstan may process oil in Serbia. This was announced by the Kazakh president Nursultan Nazarbayev after a meeting with his Serbian counterpart. Nazarbayev stated that he had spoke about cooperation in the energy sector and oil sectors. Kazakh oil companies might be interested in Serbian oil refineries. He also noted that Kazakhstan could deliver oil to those facilities. Moreover, Kazakh president noted that over 20% of oil consumed in the EU is supplied by Kazakhstan and in some countries like Romania even 30% of consumed oil is supplied by Kazakhstan.

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