KazTransOil announces signing agreement between government of Republic of Kazakhstan and government of Russian Federation on defining status of process oil in trunk pipelines Tuimazy-Omsk-Novosibirsk-2 and Omsk-Pavlodar
/KASE, November 10, 2017/ – KazTransOil (Astana), whose shares are officially 
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following 
press release of November 10, 2017:

quote

The Agreement between the Government of the Republic of Kazakhstan and the 
Government of the Russian Federation on the determination of the status technological 
oil of "Tuymazy-Omsk-Novosibirsk-2" and "Omsk-Pavlodar" trunk oil pipelines was 
signed by the Minister of Energy of the Republic of Kazakhstan K. Bozumbaev and 
the Minister of Energy of the Russian Federation A. Novak during the XIV Forum 
on Interregional Cooperation of the Republic of Kazakhstan and the Russian 
Federation with the participation of the Presidents of two countries, 
which was held in Chelyabinsk on November 9, 2017.

The signed intergovernmental agreement recognizes the right of ownership:

- by "Transneft-Ural" JSC (a subsidiary of "Transneft" PJSC) for a part of oil
  in the Russian section of Omsk-Pavlodar oil pipeline in the amount of 62,048 
  tons;

- by "KazTransOil" JSC for a part of oil in the Russian section of Omsk-Pavlodar 
  oil pipeline in the amount of 79,680 tons;

- by "KazTransOil" JSC for oil in the Kazakhstan section of Tuymazy-Omsk-Novosibirsk-2 
  oil pipeline in the amount of 62,048 tons.

IR service
"KazTransOil" JSC

unquote

[2017-11-10]