Bashneft oil company has reached an agreement with Kazakh oil companies on a joint development of two oil deposits in Kazakhstan, the Bashkir Cabinet reported. A license agreement is expected to be signed in the near future and geological exploration will start soon. Kazakh oil deposits are located not far from Bashkiria and the joint project will be favorable for Bashneft whose oil deposits will soon be exhausted. Oil produced in Kazakhstan will be transferred to oil refineries in Bashkiria via oil pipelines that are already operating.
The massive explosion at the port of Beirut occurred due to the detonation of 2,750 tons of ammonium nitrate, which was seized in 2014 from the ship Rhosus