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Kazakh KazTransOil reduces oil transportation volume

Kazakhstan Materials 26 April 2016 16:21 (UTC +04:00)
Kazakhstan’s national oil transportation company KazTransOil JSC reduced oil transportation volume in the first quarter of 2016.

Baku, Azerbaijan, Apr. 26

By Elena Kosolapova - Trend:

Kazakhstan's national oil transportation company KazTransOil JSC reduced oil transportation volume in the first quarter of 2016, said the company's message posted on the website of Kazakhstan Stock Exchange (KASE).

The volume of KazTransOil's oil transportation reduced by 11 percent - to 11.68 million tons in 1Q2016 compared to the same period of 2015, said the message.

The consolidated volume of transportation of oil and oil products during the reporting period was 14.35 million tons, which is by 11 percent less than in 1Q2015, according to the message.

KazTransOil is Kazakhstan's largest oil pipeline company, which provides services on oil transportation on the domestic market and for export.

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