KazTransOil transited 2.507 mln tons of Russian oil to People's Republic of China in Q1 2024

09.04.24 10:16
/KASE, April 9, 2024/ – KazTransOil JSC (Astana), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release dated April 9, 2024: quote In the first quarter of 2024, KazTransOil JSC transited Russian oil to the People's Republic of China via the Atasu-Alashankou main oil pipeline in the amount of 2 million 507 thousand tons. In 2023, the volume of transit of Russian oil through the territory of the Republic of Kazakhstan to the People's Republic of China amounted to 9 million 989 thousand tons. In 2014-2023, KazTransOil JSC provided the supply of 91 million tons of Russian oil through the territory of the Republic of Kazakhstan to the People's Republic of China. KazTransOil JSC has been transiting Russian oil through the territory of the Republic of Kazakhstan to the People's Republic of China since 2014 under the agreement between the Government of the Republic of Kazakhstan and the Government of the Russian Federation on cooperation in the field of transporting Russian oil through the territory of the Republic of Kazakhstan to the People's Republic of China dated December 24, 2013 . In 2022, KazTransOil JSC extended the contract with Rosneft for the provision of services for the transportation of Russian oil through the territory of the Republic of Kazakhstan to the People's Republic of China until December 31, 2033. unquote The complete press release is available on: - https://kase.kz/files/emitters/KZTO/kzto_reliz_090424_kz.pdf – in Kazakh; - https://kase.kz/files/emitters/KZTO/kzto_relizs_090424_.pdf – in Russian; - https://kase.kz/files/emitters/KZTO/kzto_reliz_090424_en.pdf – in English. [2024-04-09]