Kazakhstan and Hungary reached agreements on oil deliveries and energy projects, El.kz reports.
At the current stage, Kazakhstan has been confirmed technical feasibility of transporting its oil.
Kazakhstan's KazMunayGas and Hungary's MOL Group plan to work out in detail the issues of supply volumes, pricing and transit conditions. Conducting test deliveries is considered as a way to assess the prospects for long-term cooperation.
The final terms and conditions of regular deliveries will be determined after the completion of negotiations and the signing of the relevant documents.