KazTransOil reports that the transit of Russian oil to China through Kazakhstan being carried out without interruptions

23.01.20 18:40
/KASE, January 23, 2020/ – KazTransOil (Nur-Sultan), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with the press release dated January 23, 2020, which states as follows: quote The transit of Russian crude oil to China through the system of trunk oil pipelines of "KazTransOil" JSC is not suspended and is carried out in full compliance with contractual obligations and quality in accordance with GOST (quality standard). On January 22, 2020, at 14:10 Moscow time the acceptance of crude oil of “CNPC- Aktobemunaigas” JSC into the system of trunk oil pipelines partially resumed. Content of organochlorine compounds in the delivered oil does not exceed allowed limits. We remind that on January 16, 2020, “KazTransOil” JSC at the result of crude oil quality tests during crude oil acceptance process into the trunk pipeline system from “CNPC-Aktobemunauygas” JSC detected an excess of organochlorine compounds in the fractions boiling up below 204°С. “KazTransOil” JSC stopped the acceptance of crude oil from "CNPC-Aktobemunaygas" JSC on the same day until the issue of delivered crude oil quality is resolved. The Ministry of Energy of the Republic of Kazakhstan, given the decline in volume of oil delivery for transportation through trunk oil pipeline’s system, adjusted the schedule for oil transportation to the refineries of the Republic of Kazakhstan and for export for January of 2020. In particular, the scheduled volume of export for Kazakhstani producers in the direction of China was reduced. Exempt volume of crude oil was redirected to supply PKOP (Shymkent Refinery). The schedule of crude oil supply to Pavlodar Petrochemical Plant has also been changed. At present, oil transportation by main oil pipelines is being carried out according to the adjusted schedule. unquote [2020-01-23]