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Kazakhstan sees increase in revenues from transport by pipelines

Transport Materials 15 April 2022 14:16 (UTC +04:00)
Kazakhstan sees increase in revenues from transport by pipelines
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, April 15. Kazakhstan’s revenue from the product transportation via pipelines amounted to 440.9 billion tenge ($979.9 million) over the period from January through March 2022, which is 20.6 percent more than during the same period of 2021, Trend reports with reference to Kazakhstan’s Statistics Committee.

The revenue for March 2022 amounted to 151.05 billion tenge ($335.6 million), which is 18.7 percent more compared to March 2021.

The volume transported during the reporting period amounted to 71.2 million tons, which is 11 percent more compared to the same period of last year (23.8 million in March 2022, 13.4 percent more compared to March 2021).

Cargo turnover amounted to 37.8 billion ton-kilometers which is 16 percent more than during the same period of last year. The cargo turnover for March 2022 stood at 12.9 billion t-km, which is 17.9 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. 22.09 million tons over the period from January through March 2022, which is 8.3 percent more 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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