Government of Kazakhstan committed "KazTransOil" to develop a proposal to increase oil transportation tariffs

08.12.99 00:00
/IRBIS, Dec.08, 99/ - PRIME-TASS informs, with the reference to the source in oil business of Kazakhstan, that government of Kazakhstan committed national oil transportation company "KazTransOil" to develop a proposal to increase oil transportation tariffs and to improve current calculation methods by taking into account investment program, external financing sources and renewal of fixed assets. Also, NOTC "KazTransOil" and national oil company "KazakhOil" should provide the government with the proof how future increase in tariffs will influence the transportation of crude oil into domestic market. In addition, companies should study influence of increased tariffs on transportation of oil by previously signed contracts on use of the resources with regard to "compensation to the government indirect losses due to changes in world oil market conjuncture". PRIME-TASS also says, that Kazakhstani government urged these two companies to study the business plan of building an oil pipeline West Kazakhstan-China.