Kazakhstan hikes oil transportation tariff rate for Russia

KazTransOil raised the tariffs for Russia's oil transportation through Kazakhstan's section of the Tuimazy-Omsk-Novosibirsk-2 oil pipeline (TON-2) from January 1, 2024  by 37 cents.

Tariff rates for oil transportation services over trunk pipelines by the Kazakh oil pipeline operator KazTransOil will rise by 37 cents effective today, January 1, 2024.

In 2018-2023 Russian companies paid $9.3 for pumping one ton of oil at a distance of 1000 km, now it will cost $11.28. Thus, Kazakhstan's tariff for oil transportation services for Russian oil exports rose by 21.29%.

The Kazakh sector of TON-2 pipeline is 186.25 km long.