KazTransOil ensured alignment of export tariff of MunaiTas North-Western Pipeline Company LLP with the market level

20.05.25 11:14
/KASE, May 20, 2025/ – KazTransOil JSC (KASE ticker – KZTO) has announced the following: quote May 20, 2025 As part of the update to its tariff policy, KazTransOil JSC has carried out comprehensive work to revise the export tariff of the Kenkiyak–Atyrau main oil pipeline operated by MunaiTas North-Western Pipeline Company LLP. As a result, the tariff has been aligned with the market level and brought in line with the transportation conditions applied by KazTransOil JSC. Starting from May 19, 2025, the export tariff of MunaiTas NWTC is set at 11,300 KZT per ton per 1,000 km (excluding VAT), replacing the previous rate of 5,912 KZT. This change reflects the need to transition to a more economically viable tariff-setting model. It is important to note that the majority of MunaiTas’ transportation volumes are directed to the domestic market. The new tariff applies exclusively to export routes. MunaiTas NWTC is a joint venture between KazTransOil JSC (51%) and CNPC Exploration and Development Company Ltd. (49%). unquote Full version of the press release in Kazakh – https://kase.kz/files/emitters/KZTO/kzto_relizs_200525_kz.pdf Full version of the press release in Russian – https://kase.kz/files/emitters/KZTO/kzto_relizs_200525_1.pdf Full version of the press release in English – https://kase.kz/files/emitters/KZTO/kzto_relizs_200525_en.pdf [2025-05-20]