Subsidiary of KazTransOil in Georgia will increase transshipment of Kazakh fuel oil by 30 % in December

20.12.23 18:20
/KASE, December 20, 2023/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated December 20, 2023: quote Batumi Oil Terminal LLC (100% participation share KazTransOil JSC) plans to increase the volume of transshipment of Kazakh fuel oil through the Batumi oil terminal to 90 thousand tons per month in December 2023, which is 30% more than the average monthly volume for 11 months of 2023. Attracting additional volumes of transshipment of Kazakh fuel oil through the Batumi oil terminal is due to the use of differentiated tariff rates depending on the volume of transshipment. In January-November 2023, the total volume of transshipment of dark oil products through the Batumi oil terminal amounted to 682 thousand tons, including 443 thousand tons of fuel oil of Kazakhstan origin. The technical capabilities of the Batumi oil terminal make it possible to ship up to 1.5-2 million tons of fuel oil per year. unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_201223_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_201223.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_201223_en.pdf – in English. [2023-12-20]