Results of production activity of KazTransOil CJSC (Kazakhstan) for the I half year of 2002

/KASE, September 20, 02/ - KazTransOil CJSC (Astana), whose bonds are circulating under stock exchange's official "А" listing category, presented KASE report for the first six months of the current year. According to the presented report in the first half tear KazTransOil CJSC invested into the main production KZT5.2bn, set in exploitation production funds in the amount of KZT1.6bn. Total volume of oil transportation for the first six months of 2002 equaled to 14.4m tons (including 10.9 th. tons - for export) against 15.9m within similar period of 2001. According to the company's information decrease of volumes of oil transportation by the system of KazTransOil CJSC in the first six months of 2002 is caused by setting in exploitation of oil plant of Caspian Pipeline Consortium and derivation from the system of the company's oil-trunk pipelines of significant volumes of Tengiz oil. At the same time turnover of goods during the reporting period reached 11.8bn ton-kilometers that is more by 1.4bn than within similar period of 2001. Increase of goods turnover is explained by the company's policy of integration of oil-trunk pipeline systems of the Western, Eastern and Aktyubinsk branches between themselves. Besides it is marked in the report that in 2002 Atyrau department of water preparation and water supply of the western branch of KazTransOil CJSC were transmitted to the management of akimat of Atyrau city. Within 6 months of 2002 volume of supply by the company's system of water supply equaled to 6.7m cubic meters. The company's primary activities: transportation of oil, mineral oils and water by pipeline, sea and railway transport. [2002-09-20]