Baku, Azerbaijan, Jan.4
By Nigar Guliyeva – Trend:
Kazakhstan's "KazTransOil" JSC has announced the establishment of the "Main Waterline" LLP with 100 percent participation in its authorized capital.
The company will engage in rendering services for water supply by main pipelines, for production, transmission and distribution of heat energy, as well as for the transmission of electric power to local community, agricultural producers, oil and gas producers and industrial enterprises.
"KazTransOil" was established in April 1997 and all existing main oil pipelines and water pipelines of Kazakhstan were transferred to it.
The company is engaged in transportation of oil through main pipelines in Kazakhstan and organization of transshipment of Kazakhstan oil through pipeline systems of other states.
The consolidated revenue of Kazakhstan's KazTransOil JSC for the first 9 months of 2017 amounted to 164.618 billion tenge.
The official exchange rate for Jan.4 is 333 KZT / USD.