What Kaztransoil does

KazTransOil JSC (ҚазТрансОйл АҚ) is Kazakhstan's state-designated national operator of main oil pipelines, established by Government decree in April 1997 and majority-owned by NC KazMunayGas JSC within the Samruk-Kazyna sovereign wealth fund. The company operates more than 6,400 km of trunk oil pipelines and approximately 2,000 km of waterlines across Kazakhstan, with regional operating hubs in Atyrau, Pavlodar, and Shymkent, plus the Batumi Oil Terminal and Sea Port subsidiaries in Georgia. Its pipeline network connects Kazakhstan's principal producing fields — Kashagan, Tengiz (via TCO), and Karachaganak (via KPO B.V.) — to domestic refineries (Pavlodar, Shymkent, Atyrau) and to export markets through multiple routes: the Kazakhstan-China Pipeline (50/50 JV with CNODC), Russian transit via Transneft (including onward shipment to Germany via the Druzhba system), and transit corridors to Uzbekistan and Kyrgyzstan.

The company operates integrated SCADA systems for remote pipeline monitoring, and is rolling out digital services including an in-line chloride salt analyzer for continuous crude quality monitoring (deployed February 2026 and claimed as a regional first), a 'One-Stop Shop' digital system for shipper contracting, and online real-time publication of pipeline throughput capacity. Revenue is generated primarily through regulated oil transportation tariffs (set by the Agency for Regulation of Natural Monopolies), supplemented by transit fees on Russian oil to China ($15.0/tonne through 2033) and to Uzbekistan ($28.02/tonne effective March 2026), export transportation tariffs (MunaiTas at 11,300 KZT/tonne/1,000 km from May 2025), and services for KPO under long-term contracts. Public, listed on the Kazakhstan Stock Exchange (KASE:KZTO) since a 2012 People's IPO, KazTransOil holds investment-grade ratings (BBB from Fitch, BBB- from S&P) aligned with the Kazakhstan sovereign and reported FY2025 revenue of 357.5 billion KZT (+14.6% YoY) on 45.12 million tonnes of oil transported — a 7-year record.

Name

Kaztransoil

Legal name

«ҚазТрансОйл» АҚ

Website

https://kaztransoil.kz

Company type

Public

Founded year

1997

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

KazTransOil JSC is Kazakhstan's state-designated national operator of main oil pipelines, transporting crude from Kashagan, Tengiz, and Karachaganak fields to domestic refineries and export markets in China (via a CNODC JV), Russia, Germany (via Druzhba), and Central Asia. The company is publicly listed on KASE (KZTO) and rated BBB/BBB-.

Ownership category

akta.pro rank

Product category

Oil Pipeline Transportation

NAICS

Pipeline Transportation of Crude Oil (48611)

SIC

Pipe Lines (No Natural Gas) (4610)

akta.pro primary industry

Long-Haul / Trunk Crude Oil Pipeline Transportation (TLAGAAAA)

akta.pro secondary industry

Crude Oil Pipeline Transportation (EUALADAA)

Keywords

• Crude oil pipeline transportation
• Main oil pipeline operations
• Oil transit services
• Pipeline infrastructure operator
• Water pipeline transportation

Headquarters

HQ city

Sultan

HQ country

Kazakhstan

HQ region

Asia

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Others

Revenue model

1. Oil Transportation Services: Core revenue stream from regulated oil transportation services through Kazakhstan's main pipeline system. Revenue reached 298.2 billion tenge in 2025 from oil transportation, with total company revenue of 357.5 billion tenge. Tariffs are regulated by Kazakhstan's Agency for Regulation of Natural Monopolies (ARMN).
2. Transit of Russian Oil to China: Revenue from transporting Russian oil in transit through Kazakhstan to China via the Kazakhstan-China pipeline system. The cost for Russian oil transit to China was set at $15.0 per tonne (from January 2019) for 10 million tonnes per year through 2033.
3. Transit to Uzbekistan: Revenue from transit transportation of Russian-origin oil through Kazakhstan to Uzbekistan. Transportation fees were increased to $28.02 per tonne effective March 2026.
4. Export Transportation to Germany: Revenue from transporting Kazakh oil to Germany via the Druzhba pipeline system. In October 2025, exports to Germany increased by 25% to 225,000 tonnes. The company transported 230,000 tonnes to Germany in May 2025.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels6 records

Core offering

KazTransOil operates Kazakhstan's national main oil pipeline system, providing regulated crude oil transportation services via 6,400+ km of pipelines connecting domestic fields to refineries and to export corridors. The company runs transit services for Russian crude to China (via Kazakhstan-China Pipeline JV) and Uzbekistan, and exports Kazakh crude to Germany via the Druzhba pipeline. It also operates 2,000+ km of main water pipelines through its subsidiary.

Product overview

KazTransOil JSC is Kazakhstan's state-owned national operator for main oil pipelines, providing oil transportation services through an extensive pipeline network including routes to Russia (for further export via Druzhba pipeline to Germany), China (via Kazakhstan-China Pipeline), and regional Central Asian markets. The company operates as a unified pipeline transportation service provider with subsidiaries including MunaiTas for the Kenkiyak-Atyrau pipeline, Kazakhstan-China Pipeline LLP for transit to China, and Batumi Oil Terminal for maritime exports. The company also provides water pipeline services through its subsidiary and is implementing digital transformation initiatives including online throughput data and a one-stop-shop customer service system. The company transported 45.12 million tons of oil in 2025, a seven-year record.

Differentiator

Problem solved

Functional benefit

Brands

• KTO News: Corporate television channel news program covering company activities and developments
• KazTransOil Corporate TV Channel

Products and services

• Domestic Crude Oil Transportation Services Regulated crude oil transportation services through Kazakhstan's national main oil pipeline system (Kenkiyak-Atyrau, Pavlodar-Shymkent, Uzen-Atyrau-Samara and other routes) connecting producing fields to domestic refineries including Pavlodar, Shymkent and Atyrau, under tariffs regulated by the Agency for Regulation of Natural Monopolies.
• Crude Oil Export Transportation Services Export-focused crude oil transportation services delivering Kazakh crude to international export terminals and pipelines under regulated multi-year export tariffs, including pipeline routes supporting crude flows from Kazakhstan to export markets.
• Russian Crude Oil Transit Services to China Transit of Russian crude oil through Kazakhstan to China via the Kazakhstan-China Pipeline joint venture (50% KazTransOil, 50% CNODC) at $15.0 USD per tonne for 10 million tonnes/year through 2033, providing an alternative to Russian-controlled export routes.
• Kazakh Crude Oil Transit to Germany via Druzhba Transportation of Kazakh crude oil through the Druzhba pipeline system in cooperation with Russia's Transneft for delivery to German refineries, supporting European demand for non-Russian crude. October 2025 volumes reached 225,000 tonnes (a 25% increase).
• Russian Crude Oil Transit to Uzbekistan and Kyrgyzstan Transit transportation services for Russian-origin crude oil through Kazakhstan territory to Uzbekistan and Kyrgyzstan at per-tonne fees, representing regional crude flow corridors beyond the China route.
• MunaiTas North-West Pipeline Transportation Services Crude oil transportation services operated through the MunaiTas North-West Pipeline Company LLP subsidiary on the Kenkiyak-Atyrau pipeline system, having moved more than 100 million tonnes of oil cumulatively, with long-tenure operations and maintenance contracts for Karachaganak-Atyrau volumes.
• Main Water Pipeline Transportation Services Water pipeline transportation services through the Astrakhan-Mangyshlak main water pipeline operated by subsidiary Main Water Line LLP, supplying water to industrial enterprises, commercial organizations and oil and gas producing enterprises in Kazakhstan.
• Batumi Sea Port and Oil Terminal Transshipment Services Maritime cargo transshipment and oil terminal services operated through Batumi Sea Port LLC and Batumi Oil Terminal in Georgia, handling Kazakh cargoes including ammophos, sulphur and ammonium nitrate for export along the Trans-Caspian International Transport Route.
• Operations and Maintenance Services for Karachaganak-Atyrau Pipeline Operations and maintenance services for the Karachaganak-Atyrau pipeline system provided to Karachaganak Petroleum Operating B.V., covering pipeline operation, maintenance and integrity management under multi-year service contracts.

Quantifiable outcome

• Transported 45.12 million tonnes of oil in 2025, setting a seven-year record, with consolidated freight turnover of 46.057 billion ton-kilometers
• +2 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• PERN (Poland's Pipeline Operator)coreStrategic or Co-development Partner · 24 December 2025KazTransOil expanded cooperation with European partners including Poland's pipeline operator PERN to secure stable transit of Kazakh oil to Germany. The agreement outlines operational procedures and aims to strengthen coordination along the transportation route from Kazakhstan to Germany via the Druzhba pipeline system.
• Transneft PJSCcoreStrategic or Co-development Partner · 19 December 2025KazTransOil JSC and Transneft PJSC signed an agreement in Astana to transport Kazakhstan oil via Russia for 2026. This agreement signifies ongoing partnership and cooperation between the two national pipeline operators for transit of Kazakhstan crude oil through the Russian pipeline system to reach export markets including via the Druzhba pipeline to Germany. The two companies have a long history of cooperation dating back to Kazakhstan's independence, including joint management of the Caspian Pipeline Consortium (CPC) and shared technology standards.
• Transneft PJSC (Memorandum Extension)coreStrategic or Co-development Partner · 20 October 2025Russia's Transneft and Kazakhstan's KazTransOil confirmed the extension of a memorandum of cooperation during a signing ceremony in Moscow, signifying ongoing collaboration between the two companies in their respective countries for oil transportation coordination.
• International Association of Oil Transporters (IAOT)minorStrategic or Co-development Partner · 1 May 2025KazTransOil is a member of the International Association of Oil Transporters, which also includes Transneft (Russia), Transpetrol (Slovakia), Gomeltransneft Druzhba (Belarus), MERO ČR (Czech Republic), and MOL Hungarian Oil&Gas (Hungary). The Association facilitates coordination of efforts for efficient development of member companies' oil transportation systems and enhancement of international oil transportation stability. KazTransOil participates in annual IAOT board meetings and general assemblies, including the 21st extraordinary meeting in April 2024 and the 28th meeting in June 2026.
• Karachaganak Petroleum Operating B.V. (KPO B.V.)coreStrategic or Co-development Partner · 1 May 2025KazTransOil signed a new contract with KPO B.V. in December 2024 for servicing the Karachaganak-Atyrau transportation system. KazTransOil has been providing pipeline operation and maintenance services for the Karachaganak-Atyrau pipeline to KPO for 16 years. Over 100 million tonnes have been transported via the Kenkiyak-Atyrau pipeline serving KPO volumes. In January 2019, a new service contract was signed for 6.682 billion tenge.
• Abu Dhabi Ports (Batumi Oil Terminal Capacity Expansion)minorStrategic or Co-development Partner · 1 April 2023In April 2023, KazTransOil's subsidiary in Georgia and Abu Dhabi Ports considered issues of increasing the production capacity of the Batumi Oil Terminal LLC group of companies. The Batumi Oil Terminal is operated through KazTransOil's subsidiary Batumi Terminals Limited (Cyprus) which owns the Batumi Oil Terminal and Batumi Seaport assets in Georgia.
• Shanghai ACE Investment & Development Co LtdminorStrategic or Co-development Partner · 1 April 2023In April 2023, Shanghai ACE Investment & Development Co Ltd and Batumi Sea Port LLC discussed the development of the Trans-Caspian route, strengthening logistics connectivity between Kazakhstan, Georgia, and international markets along the Trans-Caspian International Transport Route (TITR).
• China National Oil and Gas Exploration and Development Corporation (CNODC) - Kazakhstan-China Pipeline LLP Joint VenturecoreStrategic or Co-development Partner · 1 January 2004Kazakhstan-China Pipeline LLP (KCP) is a joint venture established in 2004 on parity basis between KazTransOil (50%) and CNODC (50%, a subsidiary of CNPC). KCP operates the Atasu-Alashankou pipeline section of the Kazakhstan-China oil pipeline system, which transports both Kazakh and Russian oil to China. The pipeline has transported over 100 million tonnes of oil since commissioning in 2006. In February 2024, KCP repaid a $540 million ICBC loan ahead of schedule.

Scale indicators9 records

Recent moves10 records

Expansion highlights5 records

Broad incumbents

• ONEOK: US midstream operator focused on natural gas liquids and crude oil gathering/transportation. Comparable in long-haul regulated pipeline transportation and tariff-based revenue model.
• Pembina Pipeline Corporation: Canadian oil and gas midstream company operating crude oil, NGL, and gas pipelines. Comparable in regulated, fee-based long-haul pipeline operations serving upstream producers.
• Kinder Morgan: Major US-based pipeline operator with large crude oil and condensate pipeline systems serving domestic and export markets. Comparable in scale and regulated tariff business model, though diversified across products and US geography.
• TC Energy: Canadian major pipeline operator (formerly TransCanada) with crude oil and natural gas liquids pipeline assets including the Keystone system. Comparable long-haul, regulated, fee-based pipeline business.
• Enbridge: North America's largest crude oil pipeline operator (Mainline System, Lakehead). Enbridge is the most direct structural analogue to KazTransOil's role as a national, regulated, multi-corridor crude oil pipeline monopoly operator.

Direct peers

• Caspian Pipeline Consortium (CPC): Kazakh-Russian-led international pipeline consortium operating the CPC pipeline from Western Kazakhstan to the Black Sea. CPC and KazTransOil share Caspian-region shipper networks and compete for export capacity from the same Kazakh fields.
• MERO Czech Republic: Czech crude oil pipeline operator and member of the International Association of Oil Transporters alongside KazTransOil. Operates the Czech leg of the Druzhba pipeline system serving Central European refineries — directly comparable in Druzhba-corridor crude oil transportation.
• Transpetrol (Slovakia): Slovak national oil pipeline operator and fellow IAOT member. Operates the Slovak section of the Druzhba pipeline; comparable in national-mandate regulated oil pipeline business model serving regional transit corridors.
• Transneft (Russia): Russia's national oil pipeline operator and KazTransOil's main counterpart for transit operations. Both operate state-mandated mainline crude oil pipeline systems with regulated tariffs under long-term contracts — the closest functional and structural analogue globally.

Regional players

• China Petroleum Pipeline Engineering Co. (CPP): Pipeline construction and operations entity within CNPC, KazTransOil's joint venture partner in the Kazakhstan-China Pipeline LLP (50/50 JV for the Atasu-Alashankou route). Directly comparable in long-haul cross-border crude oil pipeline operations serving Chinese markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/KTO_KZ
• YouTubeyoutube.com/channel/UCA1dV0LvPkg6e1PhIJ9eKOw
• Facebookfacebook.com/kaztransoil.official
• Instagraminstagram.com/kaztransoil.official

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Kaztransoil