/KASE, February 11, 2025/ – KazTransOil JSC (KASE ticker – KZTO) has announced the following:

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February 11, 2025

Batumi Sea Port LLC and KazAzot JSC came to an agreement to increase the volume of ammonium nitrate transshipment of KazAzot JSC through Batumi Sea Port LLC. The Memorandum of Cooperation was signed by the companies as part of the development of entrepreneurial activity and international cooperation, the development of the TransCaspian international transport route.

Batumi Sea Port LLC first shipped Kazakhstani ammonium nitrate, the shipper of which was KazAzot JSC, in March 2024. The mineral fertilizer is shipped from the port of Aktau towards the port of Govsan (Azerbaijan) with further transshipment in the seaport of Batumi (Georgia), where it is then sent for subsequent export to world markets.

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Full version of the press release in Kazakh – see more

Full version of the press release in Russian – see more

Full version of the press release in English – see more

[2025-02-11]