Kazakhstan establishes oil quality bank
An oil quality bank has been established in Kazakhstan. A similar bank is supposed to be established in Russia, a
KazTransOil representative said at an international forum in the south Ukrainian city of Odessa.
Hydrocarbon resources databases of oil companies working in Kazakhstan make it possible to identify a consignment of oil. Because of the lack of such a bank Transneft, for example, cannot monitor oil transportation, thus, different oil blends mix during transportation, the KazTransOil representative said.
For Kazakhstan this means $ 6-$ 8 in losses per ton.
Similar banks are supposed to be established for other companies.