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Kazakhstan approves agreement with Russia on oil supply

27 February 2013 16:50 (UTC+04:00)
Kazakhstan approves agreement with Russia on oil supply

The lower chamber (Majilis) of Kazakhstan's parliament approved on Wednesday a draft law on ratification of the agreement between the government of Kazakhstan and Russia on trade and economic cooperation in oil and oil products supplies to Kazakhstan.

The agreement was signed between the two countries' governments in Moscow on Dec.9, 2010. It defines the framework of trade and economic cooperation in the formation of common markets for oil and oil products and conditions for oil product supply to Kazakhstan to meet domestic needs.

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