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Kazakhstan boosts revenues from cargo transport by pipelines

Oil&Gas Materials 18 August 2022 17:22 (UTC +04:00)
Kazakhstan boosts revenues from cargo transport by pipelines
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, August 18. Kazakhstan’s revenue from the product transportation via pipelines amounted to 1.02 trillion tenge ($2.1 billion) over the period from January through July 2022, which is 14.5 percent more than during the same period of 2021, Trend reports with reference to Kazakhstan’s Statistics Committee.

The revenue for July 2022 amounted to 145.08 billion tenge ($304.8 million), which is 1.7 percent more compared to July 2021.

The volume transported during the reporting period amounted to 163.7 million tons, which is 7.5 percent more compared to the same period of last year (23.2 million in July 2022, 2.5 percent less compared to July 2021).

Cargo turnover amounted to 86.3 billion ton-kilometers which is 11.2 percent more than during the same period of last year. The cargo turnover for July 2022 stood at 11.9 billion t-km, which is 0.3 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. 49.8 million tons over the period from January through July 2022, which is 2.2 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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