Japan’s INPEX has signaled its readiness to redirect part of its oil production in Central Asia to the domestic market, according to Yomiuri Shimbun.
Focus on Kazakhstan and Azerbaijan assets
INPEX holds stakes in Kashagan oil field and the Azeri-Chirag-Gunashli oil field. Until now, oil from these projects has largely been sold on the spot market, primarily to Europe.
Particular attention is being paid to Kashagan, where production is about 430,000 barrels per day.
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