On June 18, 2025, the international rating agency Fitch Ratings reaffirmed the Long-Term Issuer Default Rating of KazTransOil JSC at «BBB» with a «Stable» outlook.
The company’s rating is in line with the sovereign rating of the Republic of Kazakhstan and the rating of its parent company, NC KazMunayGas JSC («BBB», Stable outlook).
Fitch notes that KazTransOil’s creditworthiness is supported by a strong business profile as the national operator of oil pipelines, stable cash flow, and a solid financial position, despite a less predictable regulatory environment compared to European peers.
