KazTransOil announces results of Batumi Oil Terminal LTD group of companies for the 1st half of 2020

24.08.20 14:08
/KASE, August 24, 2020/ – KazTransOil (Nur-Sultan), whose shares are officially listed on the Kazakhstan Stock Exchange (KASE), has provided KASE with the press release dated August 21, 2020, which states as follows: quote In the first half of 2020, the LTD «Batumi Oil Terminal» Groups (100% owned by KazTransOil JSC) increased the transshipment of oil, dry, ferry and container cargo by 18% compared to the same period last year. The total volume of cargo transshipment was 3 003 thousand tons. The volume of transshipment of oil and petroleum products decreased to 409 thousand tons, which is 16% less than in the first half of 2019. This decrease is due to the ongoing maintenance work at the refinery in Turkmenistan, as well as to the reduced demand for light petroleum products as a result of the current situation caused by the coronavirus pandemic. At the same time, the LTD «Batumi oil terminal» Groups increased the transshipment of Kazakhstan liquefied gas by 57% compared to the same period last year to 62 thousand tons. unquote Full version of the press release is posted on the KASE website: - https://kase.kz/files/emitters/KZTO/kzto_reliz_210820_k.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_reliz_210820.pdf – in Russian. [2020-08-24]