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.