KPO continues normal business operations in spite of challenges brought by COVID-19 pandemic and low oil prices
Despite the downturn experienced by the global oil and gas industry exacerbated by the COVID-19 pandemic, production facilities of Karachaganak Petroleum Operating B.V. continue operating in strict compliance with all safety requirements and 2020 production targets.
EBITDA2 was down by 43.7% year-on-year to 275 bln tenge (USD 702 mln)
Karachaganak Petroleum Operating B.V. (KPO) provides support to Burlin District Hospital and Uralsk Infection Hospital.
In 1Q 2020, TCO sold over 358 thousand metric tonnes of LPG, 2.1 billion cubic meters of sales gas and over 692 thousand tonnes of sulfur.
Nur-Sultan city multi-disciplinary medical centre receives medical equipment from the donors to help combatting the COVID-19 pandemic
The intensive care equipment included a number of patient monitors, infusion pumps, a blood analyzer, and an electro-impedance tomography unit as well as the functional resuscitation furniture.
Against the backdrop of the declared State of Emergency due to the COVID-19 pandemic spread worldwide including Kazakhstan, the production facilities of Karachaganak Petroleum Operating B.V. continue operating in compliance with all requirements to ensure safe production under existing conditions.
The online final of Science Stars, a national science communication competition for school and college students in Kazakhstan, was held on April 18, 2020.
One of the largest oil, gas and condensate production companies Karachaganak Petroleum Operating B.V. is strictly adhering to all the instructions and preventive measures as outlined by the RoK Chief Sanitary Doctor and the State of Emergency regulation to mitigate the risks of the virus’s spread among its personnel and local community.
The non-consolidated volume of oil transportation and transshipment by “KazTransOil” JSC pipelines amounted 10,510 thousand tons which is 535 thousand tons less than in the 1st quarter of 2019, while the non-consolidated oil turnover amounted 8,978 million t*km (by 347 million t*km lower than in the 1st quarter of 2019).
Starting March 16, the staff of the Petroleum Journal is working remotely
The meeting with participation of the community representatives was held in TCO HQ in Atyrau
Company announced its’ 2019 year-end results
Previously, payments were made to 32 companies.
Today we signed the roadmap with KPO on the creation of a training center on the basis of the Aksai Technical College, where in the future local specialists can study and improve their skills to the level of international standards.
The transit of Russian crude oil to China through the system of trunk oil pipelines of "KazTransOil" JSC is not suspended and is carried out in full compliance with contractual obligations and quality in accordance with GOST (quality standard).