Regional News: Caspian/Central Asia

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KMG Switches from Urals Supplies to Romanian Refineries as Prices Rise
Tuesday, July 11, 2017 Kazakh state oil company Kazmunaigaz reportedly plans to replace expensive Urals crude with cheaper Mediterranean grades for its refineries in Romania.

Azeri State Oil Company SOCAR Says Returned To Profit Last Year
Friday, July 07, 2017 SOCAR made a net profit of 350 million manats ($206 million) last year.