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Kazakhstan sees increase in revenues from pipeline transportation

Transport Materials 19 September 2022 12:05 (UTC +04:00)
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, September 19. Kazakhstan’s revenue from the product transportation via pipelines amounted to 1.1 trillion tenge ($2.4 billion) over the period from January through August 2022, which is 12.7 percent more than during the same period of 2021, Trend reports with reference to Kazakhstan’s Statistics Committee.

The revenue for August 2022 amounted to 143.1 billion tenge ($300.1 million), which is 1.4 percent more compared to August 2021.

The volume transported during the reporting period amounted to 185.2 million tons, which is 5.6 percent more compared to the same period of last year (21.4 million in August 2022, 7 percent less compared to August 2021).

Cargo turnover amounted to 98.07 billion ton-kilometers which is 10.1 percent more than during the same period of last year. The cargo turnover for August 2022 stood at 11.6 billion t-km, which is 2.6 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. 55.6 million tons over the period from January through August 2022, which is 3.5 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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