Subsidiary of KazTransOil for the first time began to transship Kazakh ammonium nitrate for further supply to world markets

05.03.24 17:44
/KASE, March 5, 2024/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated March 5, 2024: quote Batumi Sea Port LLC for the first time shipped Kazakh ammonium nitrate in the volume of one ship shipment - 3 thousand tons. Previously, the cargo was shipped from the port of Aktau towards the port of Hovsan (Azerbaijan) with further transshipment at the seaport of Batumi (Georgia), where the goods were then sent for subsequent export to world markets. The shipper of the mineral fertilizer is KazAzot JSC. By the end of 2024, the manufacturer plans to ensure the shipment of ammonium nitrate along the Trans- Caspian international transport route to the port of Batumi in a volume of more than 50 thousand tons. KazTransOil JSC directly owns and manages production assets in Georgia through Batumi Oil Terminal LLC (BOT). BOT has exclusive rights to manage a 100% stake in Batumi Sea Port LLC. unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_050324_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_050324.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_050324_en.pdf – in English. [2024-03-05]