KazTransOil announces approval of tariffs for pumping oil to domestic market of Kazakhstan via Kenkiyak-Kumkol oil pipeline for 2025–2029

04.12.24 12:42
/KASE, December 4, 2024/ – KazTransOil JSC (KASE ticker – KZTO) has informed about the following: quote December 4, 2024 In accordance with the order of the Department of the Committee for the Regulation of Natural Monopolies of the Ministry of National Economy of the Republic of Kazakhstan for the city of Almaty, tariffs have been approved for the regulated service of oil transportation to the domestic market of the Republic of Kazakhstan via the Kenkiyak–Kumkol main oil pipeline for 2025–2029. These tariffs apply to Kazakhstan-China Pipeline LLP (50% owned by KazTransOil JSC and 50% owned by China National Oil and Gas Exploration and Development Corporation). In 2025, the tariff will amount to 3,338.49 tenge per 1 ton per 1,000 km (excluding VAT), in 2026 – 3,690.48 tenge per 1 ton per 1,000 km (excluding VAT), in 2027 – 3,693.05 tenge per 1 ton per 1,000 km (excluding VAT), in 2028 – 4,202.89 tenge per 1 ton per 1,000 km (excluding VAT), and in 2029 – 3,769.47 tenge per 1 ton per 1,000 km (excluding VAT). unquote The complete press release in Kazakh is available on – https://kase.kz/files/emitters/KZTO/kzto_reliz_041224_kz.pdf The complete press release in Russian is available on – https://kase.kz/files/emitters/KZTO/kzto_relizs_041224_1.pdf The complete press release in English is available on – https://kase.kz/files/emitters/KZTO/kzto_relizs_041224_1_en.pdf [2024-12-04]