KazTransOil announces cancellation and invalidation of order to introduce temporary compensatory tariff
/KASE, November 28, 2022/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated November 28, 2022:
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On November 24, 2022 a meeting of the Judicial Board for Administrative Cases of Astana City
Court was held on the appeal of the Committee for Regulation of Natural Monopolies under the
Ministry of National Economy of the Republic of Kazakhstan (CRNM) on the resolution of the Specialized Interdistrict Administrative Court of Astana as of April 6, 2022 to recognize the CRNM's Order as of November 26, 2021 № 131-OD on the temporary compensatory tariff as illegal.
The resolution of the Astana Court of First Instance was upheld - the Order of the CRNM dated November 26, 2021 № 131-OD on the temporary compensatory tariff was declared illegal and cancelled.
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The complete press release is available on:
[2022-11-28]