KazTransOil JSC and Karachaganak Petroleum Operating B.V signed a new contract for operation and maintenance of the «Karachaganak-Atyrau» main oil pipeline in the amount of 6 billion 682 million tenge.
The budget of the Contract for a period of 3 years with a possible extension of 2 periods of 12 months each was calculated using the inflation rate for 2019-2021, taking into account the annual increase in the payroll of the staff involved and rates for vehicles used in the provision of services.
KazTransOil JSC has been providing services to Karachaganak Petroleum Operating BV for the past 16 years in the operation and maintenance of the Karachaganak-Atyrau trunk oil pipeline. Budget of the previous five-year contract from 2013 to 2018 amounted to 6 billion 679 million tenge.
Information:
KazTransOil JSC is a National Main Oil Pipeline Operator of the Republic of Kazakhstan. Company is a part of NC KazMunaiGas JSC Group. Company owns a diversified network of main oil pipelines with total length of 5.4 th. km. Production facilities of «KazTransOil» JSC are located in Shymkent city, Karaganda, Pavlodar, Turkestan, North Kazakhstan, Atyrau, Mangistau, West Kazakhstan, Kyzylorda, Almaty, Aktobe, East Kazakhstan regions.
24-inch Karachaganak – Atyrau pipeline with a total length of 635.5 km was commissioned in 2003 for transporting raw materials from Karachaganak field into oil pipeline of Caspian Pipeline Consortium through Atyrau terminal for further export. Design throughput capacity of the pipeline is 10 million tons/year.
Karachaganak field with reserves of 1.2 billion tons of oil and 1.35 trillion m3 of gas is located in the West Kazakhstan region of the Republic of Kazakhstan. It is developed by an international consortium of 5 oil and gas companies: Shell (29,25% - 100% affiliated company B.G Karachaganak Limited»), Eni (29,25% - 100% affiliated B.G Karachaganak Limited»), Chevron (18%), LUKOIL (13.5 %), KazMunaiGas (10%).
The Department of Public Relations and
Internal Communications of KazTransOil JSC
