KazTransOil to invest 25 billion tenge in TON-2 pipeline expansion

This digest was compiled by AI from multiple sources — links to the originals are below.
KazTransOil will invest 25 billion tenge to expand the Tuymazy-Omsk-Novosibirsk-2 (TON-2) oil pipeline, increasing transit of Russian oil to China from 10 million to 12.5 million tonnes per year. The project includes construction of a new pumping station, Soltustik Kyzylzhar, with work scheduled for 2026-2030 and financed from the company's own funds.
Key Facts
- KazTransOil will invest 25 billion tenge in expanding the TON-2 pipeline to raise Russian oil transit to China from 10 million to 12.5 million tonnes per year.
- The project includes construction of a new pumping station, Soltustik Kyzylzhar, with work scheduled for 2026-2030.
- In May, Kazakhstan and Russia signed a framework agreement to increase Russian oil supplies to China by 2.5 million tonnes, to 12.5 million tonnes.
- KazTransOil is the national operator of trunk oil pipelines, part of KazMunayGas group, with a network of 5,400 km.
Pipeline Expansion
KazTransOil plans to expand the Kazakh section of the Tuymazy-Omsk-Novosibirsk-2 (TON-2) pipeline, which currently transports 10 million tonnes of Russian oil to China annually. The company aims to increase capacity by 2.5 million tonnes, reaching 12.5 million tonnes per year. Deputy General Director Amirzhan Ospanov announced the plans during an Issuer Day event at the Kazakhstan Stock Exchange (KASE) on Wednesday. The project will require construction of a new oil pumping station named Soltustik Kyzylzhar. Work is scheduled for 2026-2030, with a preliminary cost of 25 billion tenge financed from the company's own funds.
Intergovernmental Agreement
In May, Kazakhstan and Russia signed a framework agreement to increase Russian oil supplies to China by 2.5 million tonnes, bringing the total to 12.5 million tonnes. Kazakhstan currently transports 10 million tonnes of Russian oil to China annually under an intergovernmental agreement valid until 2034. KazTransOil, the national operator of trunk oil pipelines, is part of the KazMunayGas group and operates a diversified network of 5,400 km.