KazTransOil successfully shipped 6,900 tons of Kazakh export-bound oil for further delivery in direction of port of Baku

20.03.23 16:26
/KASE, 20.03.23/ – KazTransOil JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated March 20, 2023: quote In the port of Aktau, the first test shipment of 6,900 tons of oil from the Kashagan field for export was successfully completed for further delivery in the direction of the port of Baku. The oil shipper is INPEX North Caspian Sea, Ltd. According to Hiroshi Ikeda, director of the Kazakhstan Branch INPEX North Caspian Sea, Ltd, the test shipment showed the possibility of diversifying export routes for Kashagan oil by rail transportation towards the Trans-Caspian route. Hiroshi Ikeda expressed his gratitude to the staff of "KazTransOil" JSC and other organizations participating in the process for the timely work performed in accordance with safety requirements. The representative of INPEX North Caspian Sea, Ltd also said that the company will continue cooperation on the development of reserve export routes together with the government of the Republic of Kazakhstan and JSC NC "KazMunayGas". unquote The complete press release is available on KASE website: - https://kase.kz/files/emitters/KZTO/kzto_reliz_200323_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_200323.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_200323_en.pdf – in English. [2023-03-20]