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Kazakhstan's KazTransOil's revenues up

Kazakhstan Materials 15 November 2021 14:54 (UTC +04:00)
Kazakhstan's KazTransOil's revenues up

BAKU, Azerbaijan, November 15

By Nargiz Sadikhova - Trend:

The consolidated revenue of Kazakhstan’s KazTransOil has amounted to 117.1 billion tenge ($275.5 million) over the period from January through September 2021, which is 0.1 percent more than during the same period of 2020, Trend reports citing the company.

In turn, the consolidated net profit of the company equaled 49.3 billion tenge ($116.01 million) over the reporting period, which also is 5.1 percent less than during the same period of 2020.

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

KazTransOil JSC is an owner of the largest network of main oil pipelines and waterlines in the Republic of Kazakhstan, total length of which amounts to 5 376,625 km of oil pipelines (with account of 71,7 km of Kenkiyak - Orsk oil pipeline, which passes through the territory of the Russian Federation and which is on the balance sheet of Representation of KazTransOil in Samara) and 1 975,1 km of water pipeline.

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Follow the author on Twitter: @nargiz_sadikh

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