President of Kazakhstan Kasim-Jomart Tokayev stated in a telephone conversation with the head of the Council of Europe, Charles Michel, that the republic is ready to use its hydrocarbon potential to stabilize the market situation.

"APA-Economics" informs about this with reference to the official website of the President of Kazakhstan.

"Kasym-Jomart Tokayev also expressed his concern about threats to the world's energy security. According to him, Kazakhstan is ready to use its hydrocarbon potential to stabilize the situation in the world and European markets," the information states.

According to information, the President of Kazakhstan also called on the European Union to cooperate in the development of alternative transcontinental corridors, including the Trans-Caspian International Transport Route.