KazTransOil plans to triple transit of Russian oil to Uzbekistan in 2024

29.11.23 18:38
/KASE, November 29, 2023/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated November 29, 2023: quote In 2024, it is expected that the volume of transit of Russian oil through the territory of the Republic of Kazakhstan to the Republic of Uzbekistan will increase to 500 thousand tons. This was announced by the director of the transportation department of KazTransOil JSC Abai Beisembayev at the Issuer's Day organized by the Kazakhstan Stock Exchange. "Sanoat Energetika Guruhi company (Republic of Uzbekistan) has submitted an application to KazTransOil JSC for 2024 for the transit of 500 thousand tons of Russian oil to Uzbekistan with the possibility of increasing to 1 million tons", - Abai Beisembayev said. In 2023, the expected volume of Russian oil transit to the Republic of Uzbekistan through the system of main oil pipelines of KazTransOil JSC will be 154 thousand tons. In JanuaryOctober 2023, KazTransOil JSC transited 104 thousand tons of Russian oil to the Republic of Uzbekistan. unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_291123_1_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_291123_1_rus.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_291123_1_en.pdf – in English. [2023-11-29]