Increased the volume of oil transportation by 6% of JSC KazTransOil for the first half of 2010

/IRBIS, July 16, 2010/ - JSC KazTransOil in the first half of 2010 has increased the volume of oil transportation by 6%, indicated the reported company. As reported, such data were announced on July 15 this year at the expanded meeting on the basis of production and financial activities KazTransOil held under Mr. Sultan Nurbol Sarybayuly, chairman of General Director in Aktau. As indicated, Mrs. Asem Nusupova, managing director of economics and finance KazTransOil noted that within 6 months of 2010, the volume of oil transportation system KazTransOil" amounted to 25 million 949 th. tones of oil, which is 1 million 564 thousand tons more than was transported in the first half of 2009 (a fact for 6 months of 2009 amounted to 24 million 385 thousand tons). Increased transportation of oil through the pipeline system KazTransOil associated with the growth of production and delivery of oil in the system of main pipelines of the company's oil-producing companies. Cargo oil through the oil pipelines KazTransOil for the period totaled 16 billion 628 million tons km, which is higher than the corresponding figure in 2009 to 514 million ton kilometers, or 3% (a fact for the first half of 2009. Totaled 16 billion . 114 million tons km.). It is indicated that, compared with last year increased volumes of oil transportation through trunk pipelines KazTransOil to refineries in the Republic of Kazakhstan. Following 6 months of 2010 the volume of oil transportation to refineries for processing of the Republic of Kazakhstan amounted to 6 million 446 thousand tons, an increase from 2009 to 1 million 470 thousand tons, or 30% (a fact for the first half of 2009 amounted to 4 million 976 thousand tons). With regard to the outcome of financial and economic activity in the first half of this year, then, according to updated information, the press service, during this time the size of the company's revenues amounted to KZT58,993 million, which is 9% higher than in 2009. With revenue from operating activities during the reporting period amounted to KZT56,660, or 10% higher than in 2009. For his part, total profits of the company, according to preliminary data for 6 months of 2010 amounted to KZT23,226 million, which is higher than the same indicator in 2009 to 67%. This increase is due, firstly, the launch of a new specific tariff on exports of KZT3,331 per 1 ton per 1000 km, and secondly, increased volumes of oil transportation. Expenditure of the company in the first half of 2010 amounted to KZT32,321 million, which is 3% less than the planned volume. In comparison with that of 6 months of 2009, the company's expenses decreased by 10%. [2010-07-16]