KazTransOil to increase oil pumping tariffs

Oil&Gas Materials 27 November 2013 10:39 (UTC +04:00)

Baku, Azerbaijan, Nov. 27
By Elena Kosolapova - Trend:

Kazakhstan's Agency on Regulation of Natural Monopolies increases oil pumping tariffs through KazTransOil's pipelines, KazTransOil reported on November 26.

The new tariffs will be applied from January 1, 2014.

The tariff for pumping oil for export will be increased to 4,850.6 tenge per 1,000 ton-kilometer (excluding VAT).

The tariff for pumping oil to the domestic market will be increased to 2,931.8 tenge per 1,000 ton-kilometer (excluding VAT).

Currently, KazTransOil is pumping oil for export at 4,732.6 tenge per 1,000 ton-kilometers excluding VAT.

Oil is being pumped to the domestic market at 1,954.5 per 1,000 ton-kilometer excluding VAT.

These tariffs have been valid since December 1, 2012.

KazTransOil is Kazakhstan's national operator for oil pipelines. The company manages the network of main pipelines extending more than 5,000 kilometers and waterlines extending 2,148.1 kilometers, providing more than 8,000 people with jobs.