KazTransOil Announces Preliminary Financial Results for 9M 2014
OREANDA-NEWS. "KazTransOil" JSC informs about the preliminary financial results of its activity for 9 months of 2014 (unconsolidated). Over this period, the revenues separately for "KazTransOil" JSC amounted to 132 billion 546 million tenge, or 5.3% above the same indicator for 9 months of 2013. The net profit separately for "KazTransOil" JSC comprised 50 billion 104 million tenge, or 21% higher than the result for 9 months of 2013.
"KazTransOil" JSC is the subsidiary of "KazMunayGas" NC JSC and the national operator of the Republic of Kazakhstan on the main oil pipeline. The company manages a network of main oil pipelines stretching over 5,5 thousand km and water pipelines over 2,1 thousand km long, and provides jobs for more than 8000 people. The production facilities of "KazTransOil" JSC are located in Karaganda, Pavlodar, South Kazakhstan, North Kazakhstan, Atyrau, Mangistau, West Kazakhstan, Kyzylorda, Almaty and Aktobe regions of Kazakhstan.
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