KazTransOil modernizes production facilities of the Pavlodar – Shymkent oil trunk pipeline

Arman Kasenov, General Director (Chairman of the Management Board) of KazTransOil JSC, instructed to modernize the production facilities of the Atasu station using the best standards and ensure their timely commissioning. This is stated in the company's message following the results of A.Kasenov's visit to the Karaganda Oil Pipeline Department, where he checked the progress of work on the overhaul of the shelter, reconstruction of water supply and fire extinguishing systems at the main oil pumping station.

Major repairs of the shelter, reconstruction of water supply and fire extinguishing systems at the Atasu head oil pumping station are carried out to ensure reliable transportation of oil through the Pavlodar – Shymkent main oil pipeline and transshipment of oil to the Atasu – Alashankou main oil pipeline. As part of the reconstruction of the station's water supply system, which provides water supply to sanitary and industrial facilities, a 2.2 km pipeline will be replaced. The reconstruction of the station's fire extinguishing system provides for the construction of 2 tanks for storing fire-fighting water reserves with a total volume of 2 thousand cubic meters. As a result of major repairs, the reliability of the station's shelter equipment will increase.

The Karaganda Oil Pipeline Department of KazTransOil JSC provides oil transportation via the Pavlodar – Shymkent main oil pipeline, transshipment of oil to the Atasu – Alashankou main oil pipeline for pumping to the People's Republic of China.

KazTransOil JSC is an oil pipeline company of the Republic of Kazakhstan providing services for the transportation of oil to the domestic market, for transit and for export. KazTransOil is a public company, 90% of which ordinary shares belong to JSC NC KazMunaiGas, and 10% of ordinary shares minus 1 share are under the control of minority shareholders. The structure of KazTransOil JSC consists of three subsidiaries in Kazakhstan, Georgia and the United Arab Emirates, as well as two jointly controlled organizations located in Kazakhstan.

The consolidated net profit of KazTransOil JSC at the end of 2023 amounted to 32.8 billion tenge, which is 66% higher than the result of 2022. Consolidated revenue increased by 14% and amounted to KZT 290.38 billion. Revenue separately for KazTransOil JSC amounted to KZT 240.988 billion. Net profit separately for KazTransOil JSC amounted to KZT 18.04 billion (+116%).

The consolidated revenue of KazTransOil JSC for 3 months of 2024 amounted to 76.57 billion tenge, which is 12.9% higher than the same indicator for 3 months of 2023. Consolidated net profit amounted to KZT 10.7 billion, which is 21.8% higher than a year earlier.