KazTransOil supplied 589.6 th. tons of Kazakh oil to Germany in nine months of 2023

16.10.23 17:28
/KASE, October 16, 2023/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated October 16, 2023: quote In January-September 2023, the volume of Kazakh oil supplied through the system of main oil pipelines of Transneft PJSC in the direction of the Adamova Zastava oil delivery point for further delivery to Germany amounted to 589.6 thousand tons. In October, KazTransOil JSC plans to supply 100 thousand tons of Kazakh oil to Germany. In December 2022, KazTransOil JSC applied to Transneft PJSC to transport 1.2 million tons of Kazakh oil in 2023 through the system of Transneft oil pipelines in the direction of the oil delivery point Adamova Zastava for further transit to Germany. The transit of oil is within the framework agreement between the Government of the Republic of Kazakhstan and the Government of the Russian Federation, dated June 7, 2002. In February, KazTransOil JSC transported the first batch of Kazakh oil to Germany in the amount of 20 thousand tons. KazTransOil JSC confirms that it is technically possible to transport 1.2 million tons of Kazakh oil in the direction of the Adamova Zastava oil delivery point for further delivery to Germany, but the actual volumes of oil transportation depend on the requests of oil companies. unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_161023_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_161023.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_161023_en.pdf – in English. [2023-10-16]