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Kazakhstan reports increase in revenues from pipeline transportation

Business Materials 15 October 2022 10:42 (UTC +04:00)
Kazakhstan reports increase in revenues from pipeline transportation
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, October 15. Kazakhstan’s revenue from the product transportation via pipelines amounted to 1.2 trillion tenge ($2.7 billion) over the period from January through September 2022, which is 11 percent more than during the same period of 2021, Trend reports with reference to Kazakhstan’s Statistics Committee.

The revenue for September 2022 amounted to 127.1 billion tenge ($266.6 million), which is 2.1 percent more compared to September 2021.

The volume transported during the reporting period amounted to 204.8 million tons, which is 4.3 percent more compared to the same period of last year (19.6 million in September 2022, 7 percent less compared to September 2021).

Cargo turnover amounted to 108.4 billion ton-kilometers which is 9.1 percent more than during the same period of last year. The cargo turnover for September 2022 stood at 10.3 billion t-km, which is 0.1 percent more compared to the same month of 2021.

The majority of the products transported via pipelines accounted for the Atyrau region of the country, i.e. 61.1 million tons over the period from January through September 2022, which is 5.1 percent less compared to the same period last year.

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

The company is an owner of the largest network of main oil pipelines and water lines in the country, the total length of which amounts to 5,376 km of oil pipelines and 1,975 km of water pipeline.

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