News 2024
01.02.2024KazTransOil
KazTransOil JSC (a subsidiary of NC KazMunayGas JSC) will keep the cost of transit of Russian oil to China until 2034.
In accordance with the order of the Minister of Energy of the Republic of Kazakhstan, from January 1, 2024 through December 31, 2033, the cost of transporting 10 million tons of Russian oil per year through the territory of the Republic of Kazakhstan to the People's Republic of China along the route “Border of the Russian Federation – border of the Republic of Kazakhstan (Priirtyshsk) – Atasu (Republic of Kazakhstan) – Alashankou (People's Republic of China)” will amount to 15 US dollars per 1 ton, excluding VAT, including: on the section “border of the Russian Federation – border of the Republic of Kazakhstan (Priirtyshsk) – Atasu (Republic of Kazakhstan)”, including the transshipment of oil to the Atasu HOPS – 4.23 US dollars per 1 ton, excluding VAT; on the section “Atasu (Republic of Kazakhstan) – Alashankou (People's Republic of China)” – 10.77 US dollars per 1 ton excluding VAT.
The approved cost will remain at the level of the cost established in 2018 by the order of the Minister of Energy of the Republic of Kazakhstan for 2019-2023.
KazTransOil JSC extended until December 31, 2033 the contract with “Rosneft Oil Company” PJSC for provision of services on transportation of Russian oil through the territory of the Republic of Kazakhstan to the People's Republic of China.