KazMunayGas

KazMunayGas National Company JSC

KazMunayGas National Company Joint-Stock Company was established through the merger of KazakhOil National Oil and Gas Company and Transport of Oil and Gas National Company by Decree # 811 of the President of the Republic of Kazakhstan On Measures to Further Secure the Interests of the State in the National Oil and Gas Sector, dated February 20, 2002.

KazMunayGas National Company (KMG) is the national operator of Kazakhstan in exploration, production, processing and transportation of hydrocarbons.  It represents the national interests in Kazakhstan’s oil and gas industry.  One hundred per cent of KMG stock is owned by Samruk-Kazyna National Welfare Fund Joint-Stock Company.

Main activities:

•           Oil and gas exploration and production;

•           Oil transportation;

•           Gas transportation;

•           Oil processing, marketing and sales of oil and oil products; and

•           Services for the oil and gas sector.

KazMunayGas National Company aims to ensure maximum benefits for the Republic of Kazakhstan from participation in development of the national oil and gas sector.

KazMunayGas takes the leading position in the oil-and-gas sector of Kazakhstan, and its share in oil production is 25 per cent, as well as 80 per cent in oil transportation, almost 100 per cent in gas transportation, and 85 per cent in oil processing countrywide.

To date, the largest companies of KazMunayGas Group include:

-           KazMunayGas Exploration & Production JSC (oil and gas exploration and production);

-           KazTransOil (oil transportation);

-           KazTransGas (gas transportation);

-           KazMunayTeniz JSC (offshore oil operations);

-           KazMorTransFlot JSC (tanker transportation); and

-           KazMunayGas JSC – Refining and Marketing (marketing of oil and oil products on domestic and international markets).

KazMunayGas National Company JSC

19 Kabanbai Batyr Avenue

Astana, 010000, Republic of Kazakhstan

Fax                 +7 (7172) 976000, 976001

E-mail            info@kmg.kz, astana@kmg.kz

Web               www.kmg.kz