News 2014
January, 2014KTO
On 27 December 2013, Mr Kayrgeldy Kabyldin, Director General (Chairman of the Board) of the KazTransOil JSC, and Mr Igor Sechin, President of the Rosneft NC OJSC, concluded an oil transportation contract, - as reported by the press-service of KTO.
This document provides the same conditions that are specified in the "Provisional Contract on Oil Transportation through the Territory of the Republic of Kazakhstan and on Guarantee". Particularly, KazTransOil JSC will render oil transportation services to Rosneft NC OJSC on the route Priirtyshsk-Atasu-Alashankou towards China, at the amount of 7 mln tonnes per annum, starting from January 1, 2014. The contract period is 5 years with possible tacit extension for additional 5 years. Payments under the contract shall be made at the rates defined as provided by the legislation of the RK.