KazTransOil announces 2021 production results

25.01.22 16:50
/KASE, January 25, 2022/ – KazTransOil (Nur-Sultan), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated January 25, 2022: quote KazTransOil JSC summed up the production results for 2021. In the reporting period, the planned indicators for the transportation and cargo turnover of oil were achieved. The oil transportation volume through the main oil pipelines system of KazTransOil JSC amounted to 41 million 224 thousand tons of oil, which is 1 million 74 thousand tons less than in 2020. A decrease in this indicator in 2021 was provided for in the Business Plan of KazTransOil JSC in view of the commitments made to limit production under the OPEC + agreement and the natural decline in production levels at mature fields. The oil transportation volume to the refineries of the Republic of Kazakhstan through the main oil pipelines system of KazTransOil JSC increased by 1 million 329 thousand tons compared to 2020 and amounted to 16 million 939 thousand tons. Atyrau Oil Refinery LLP supplied 5 million 452 thousand tons of oil; PetroKazakhstan Oil Products LLP - 5 million 169 thousand tons of oil; Pavlodar Petrochemical Plant LLP - 5 million 389 thousand tons of oil; CASPI BITUM JV LLP - 929 thousand tons of oil. The oil transportation volume through the Atyrau-Samara section of the Uzen- Atyrau-Samara main oil pipeline amounted to 12 million 173 thousand tons which is 2 million 305 thousand tons less than in 2020. 11 million 2 thousand tons of oil were transported through the TON-2 oil pipeline section located on the territory of the Republic of Kazakhstan which is 60 thousand tons more compared to 2020. unquote The complete press release is available on – https://kase.kz/files/emitters/KZTO/kzto_reliz_250122_en.pdf [2022-01-25]