REFERENCE: KazTransOil CJSC (Kazakhstan) - general information, licenses, history
27.08.01 00:00
/IRBIS, information of the KASE Listing commission, Aug 27, 01/ - The
following information is published due to the passing the listing procedure of
the Kazakhstan Stock Exchange (KASE) under category "A" by first issue
euronotes of KazTransOil CJSC.
- General information
May 14, 1997 - the initial state registration date. Legal status - closed joint
stock company. Basic activity - oil transportation through pipelines,
railways, shipping routes, also oil processed products and water transportation
through the private pipelines' system, oil products pouring and discharge.
The legal and actual address of the head office - Republic sq. 60, Astana,
473000, Kazakhstan.
The number of employees by June, 2001 - 6,878 employees, including
4,696 - employees of the Western subsidiary, 1,537 employees - the
Eastern subsidiary, 407 employees - Aktubinskiy subsidiary.
- Licenses
KazTransOil CJSC holds even licenses:
- General State license of the Department of energy, industry and trade
(DEIT) of the Republic of Kazakhstan # 0001130 dated Sept 02, 1998 to
exploit oil trunk pipe lines.
- General State license of the Department of energy, industry and trade
(DEIT) of the Republic of Kazakhstan #0001133 dated Sept 02, 1998 to
exploit flammable and highly explosive industrial products.
- State license of the State Fire prevention Department of the Emergency
Agency of the Republic of Kazakhstan # 0000638 dated Aug 01, 2000 to
assemble, set and technical sustain of automatic fire preventing
emergency system all over the Republic of Kazakhstan. The term of
validity till Aug 01, 2001.
- State license of construction Committee of the Republic of Kazakhstan #
000852 dated April 03, 1998 (confirmed on May 11, 2001) to construct
and assemble all over the Republic of Kazakhstan and CIS countries.
The license is prolonged annually.
- State license of the Department of energy and mineral resources (DEMR)
of the Republic of Kazakhstan # 0000303 dated July 19, 2001 to exploit
and repair boilers, vessels, pipelines operating under pressure.
- State license of the Department of energy and mineral resources
(DEMR) of the Republic of Kazakhstan # 0000304 dated July 19, 2001 to
transmit and distribute electrical power.
- State license of atomic energy Committee of the Department of energy,
industry and trade (DEIT) of the Republic of Kazakhstan # 0000085 dated
Dec 25, 2000 to operate with ionizing radiation sources (at diagnostic
works over pipe lines and welding junctions through non destroying
control methods).
History of the foundation
KazTransOil CJSC was established on the basis of Kazakhstan Government
decree dated April 02, 1997, # 461 "Reorganization of the republican and
state enterprises - industrial unions "Yuzhneteprovod" and "Oil trunk pipe
lines of Kazakhstan and Central Asia" in the form of closed joint stock
company on the basis of the indicated industrial unions, of which property
and assets were transmitted into the authorized capital of the Company. The
company is the assignee of all assets as well as liabilities of reorganized
enterprises. On May 14, 1997 the company was registered by the Justice
authority of Almaty as closed joint stock company "National oil transportation
company "KazTransOil" (NOTC KazTransOil CJSC). At the beginning of
1999 the head office of the company was opened in Astana. Due to this on
April 1999 the Justice authority of Astana held the additional registration of
the legal entity according to the certificate # 6636-1901 JSC.
In order to improve hydrocarbon transportation on May 02, 2001 the
Government of Kazakhstan accepted the decree # 591 regarding the
establishment of new holding company - National Company Oil and Gas
Transport CJSC where the government holds 100% of all shares. According
to this decree on June 21, 2001, 100% of shares of KazTransOil CJSC
which were held by the government were transferred to the holding. The
following enterprises were admitted in the holding besides KazTransOil
CJSC - Aktobeneftsvjaz OJSC (90% of the authorized capital), Baylanys
OJSC (3.5%), KazTransSvjaz CJSC (90%), International Airport of Atyrau
OJSC (100%), Helicopter company Euro Asia Air OJSC (100%),
KazMorTransFlot (50%); KazTransGas (100% gas transportation); Munay
Impex CJSC (99%, export and import of minerals, including oil, fuel and
lubricants).
On July 04, 2001, KazTransOil CJSC passed the rewrite in the Justice
authority of Astana due to transformation into the closed joint stock company
KazTransOil (KazTransOil CJSC)
KazTransOil CJSC holds the portion in PAF of Halyk Bank of Kazakhstan
CJSC, equal to 20.8% of the authorized capital.
International agencies granted the company with following ratings:
- Standard & Poor's - long term rating in foreign and local currencies at
"BB" levels with stable forecast.
- Fitch IBCA - at the elder non provided liabilities in foreign currency at
"BB-" level.