KazTransOil says it considers increase in tariff on regulated service for transportation of oil to domestic market of Republic of Kazakhstan through the company's main pipeline system

20.04.23 10:35
/KASE, April 20, 2023/ – KazTransOil JSC (Astana), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated April 20, 2023: quote "KazTransOil" JSC has applied to the Committee for Regulation of Natural Monopolies of the Ministry of National Economy of the Republic of Kazakhstan to change the approved tariff for oil transportation services through the system of oil pipelines to the domestic market of the Republic of Kazakhstan for 2021-2025. The application is in accordance with paragraphs 604, 630 and 631 of the Rules for the Formation of Tariffs approved by Order No. 90 of the Minister of National Economy of the Republic of Kazakhstan dated November 19, 2019. The draft tariff for the oil transportation services to the domestic market of the Republic of Kazakhstan amounted to 5,012.42 tenge per ton per 1000 km, which is 656.86 tenge, or 15% higher than the approved tariff level. unquote The complete press release is available on KASE website: - https://kase.kz/files/emitters/KZTO/kzto_reliz_200423_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_200423.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_200423_en.pdf – in English. [2023-04-20]