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Kazakhstan to ship oil to Hungary via Poland

Kazakhstan will begin shipping oil to Hungary and Slovakia via Poland rather than Ukraine, a spokesman from Kazakh national oil transporter KazTransOil told Reuters on Thursday.

The company announced on Tuesday that it would suspend oil deliveries to Hungary and Slovakia via Ukraine as a result of a reported dispute with the latter country involving a 2010 transit agreement.

The KazTransOil spokesman said the company would reroute its shipments of gas to Hungary and Slovakia through Gdansk.

Hungarian oil and gas company MOL earlier told MTI that long-term contracts ensured that the company's partners would compensate for any decline in oil shipments from Kazakhstan via Ukraine. (MTI-Econews)