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«KazTransOil» JSC announces operating results for 9 months 2013

 26.11.2013    270
Consolidated volume of oil and oil products transportation and transfer was 49 million 271 thousand tons, that is 3% higher than the plan and 1% more than in the same period of 2012. Consolidated oil turnover was 34 billion 107 million tons*km, that is 11% higher than the plan. In comparison with the same period of 2012, the oil turnover increased by 9%. The volume of Volga’s water supply to the customers of Atyrau and Mangystau regions of Kazakhstan via Astrakhan-Mangyshlak water pipeline of the reported period was 17 million 840 thousand cubic meters, which in comparison with the planned indicator was 14.5% higher and higher than the result of the same period of 2012 for 2.2%. The interim consolidated financial statements for 9M 2013 will be published later – deadline is December 30, 2013. The Company delayed the publication in order to properly reflect in 9M2013 consolidated financial statements the results of revaluation of fixed assets as of July 31 of this year. Revaluation of fixed assets is conducted by the Company in accordance with the Accounting policy of «KazTransOil» JSC. Reference: «KazTransOil» JSC – subsidiary of «KazMunayGas» NC JSC, national operator of the Republic of Kazakhstan on main oil pipeline. The Company manages the network of main pipelines with extension more than 5 thousand km and waterlines with extension 2,148.1km, providing work places for more than 8 thousand people.
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