The international rating agency S&P Global Ratings published its annual review of the credit rating of KazTransOil JSC (hereinafter - the Company). S&P Global Ratings continues to maintain the Company’s credit rating at «BB+», with a «Stable» outlook.
Among the key strengths highlighted by S&P Global Ratings are the Company's solid market position and its important role as the national operator of Kazakhstan's main oil pipeline system, minimal leverage and high likelihood of government support if necessary.
S&P Global Ratings has retained the Company’s stand-alone credit profile rating at «bb+», which is constrained by the rating of JSC NC KazMunayGas.
