KazMunayGas
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KazMunayGas
KazMunayGas (KMG) ( kk, QazMúnayGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan.Kazakhstan state oil unit float seeks to raise more than £1bn
by Paul J Davies, Financial Times. 4 September 2006
It was founded in 2002 by merging CJSC ''Kazakhoil'' and CJSC ''Oil&Gas Transportation''.Company Profile of KazMunayGas
KazMunayGas corporate website


History

It was formed by the decree of the President of Kazakhstan dated February 20, 2002 through the merger of ''Kazakhoil'' CJSC and ''Oil&Gas Transportation'' CJSC. The Kazakhoil co ...
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KazMunayGas
KazMunayGas (KMG) ( kk, QazMúnayGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan.Kazakhstan state oil unit float seeks to raise more than £1bn
by Paul J Davies, Financial Times. 4 September 2006
It was founded in 2002 by merging CJSC ''Kazakhoil'' and CJSC ''Oil&Gas Transportation''.Company Profile of KazMunayGas
KazMunayGas corporate website


History

It was formed by the decree of the President of Kazakhstan dated February 20, 2002 through the merger of ''Kazakhoil'' CJSC and ''Oil&Gas Transportation'' CJSC. The Kazakhoil co ...
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KazMunaiGas Services Compass
KazMunayGas (KMG) ( kk, QazMúnayGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan.Kazakhstan state oil unit float seeks to raise more than £1bn
by Paul J Davies, Financial Times. 4 September 2006
It was founded in 2002 by merging CJSC ''Kazakhoil'' and CJSC ''Oil&Gas Transportation''.Company Profile of KazMunayGas
KazMunayGas corporate website


History

It was formed by the decree of the President of Kazakhstan dated February 20, 2002 through the merger of ''Kazakhoil'' CJSC and ''Oil&Gas Transportation'' CJSC. The Kazakhoil co ...
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Chris Walton (businessman)
KazMunayGas (KMG) ( kk, QazMúnayGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan.Kazakhstan state oil unit float seeks to raise more than £1bn
by Paul J Davies, Financial Times. 4 September 2006
It was founded in 2002 by merging CJSC ''Kazakhoil'' and CJSC ''Oil&Gas Transportation''.Company Profile of KazMunayGas
KazMunayGas corporate website


History

It was formed by the decree of the President of Kazakhstan dated February 20, 2002 through the merger of ''Kazakhoil'' CJSC and ''Oil&Gas Transportation'' CJSC. The Kazakhoil co ...
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KazMunayGaz In Astana Kazakhstan
KazMunayGas (KMG) ( kk, QazMúnayGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan.Kazakhstan state oil unit float seeks to raise more than £1bn
by Paul J Davies, Financial Times. 4 September 2006
It was founded in 2002 by merging CJSC ''Kazakhoil'' and CJSC ''Oil&Gas Transportation''.Company Profile of KazMunayGas
KazMunayGas corporate website


History

It was formed by the decree of the President of Kazakhstan dated February 20, 2002 through the merger of ''Kazakhoil'' CJSC and ''Oil&Gas Transportation'' CJSC. The Kazakhoil co ...
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KazMunaiGas Exploration Production (AO)
KazMunayGas Exploration Production JSC (, ) is a KazMunayGas-majority-owned oil and gas company operating in the Republic of Kazakhstan. The company explores for hydrocarbons in Mangistau, Atyrau and Kyzylorda regions of Kazakhstan and is the second largest oil producer in the country based on 2006 annual production data. In line with principles of Kazakh government's strategy in the oil and gas sector, KazMunaiGas Exploration Production has chosen to pursue inorganic growth strategy taking advantage of certain preferential rights that it has secured from KazMunayGas. Recent acquisitions of stakes in KazGerMunai and CITIC Canada Energy Limited, mid-sized oil producers in Kazakhstan, helped its stock return around 111.7% by the end of 2007 from the date of the IPO and listings on London Stock Exchange London Stock Exchange (LSE) is a stock exchange in the City of London, England, United Kingdom. , the total market value of all companies trading on LSE was £3.9 trillion. Its ...
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Magzum Myrzagaliev
Magzum Maratuly Myrzagaliev (, ''Mağzūm Maratūly Myrzağaliev''; born 7 November 1978) is a Kazakh politician who has served as Minister of Energy (2021-2022). Prior to that, he was the Minister of Ecology, Geology and Natural Resources from 2019 and in the ministry as Vice after working in engineering and managing national company businesses. April 14, 2022 - he was appointed as a Chairman of the Board of JSC NC KazMunayGas. Biography Early life and education Myrzagaliev was born in Alma-Ata (now Almaty). He studied at the Republican Physics-Mathematics State School and in 1999, Myrzagaliev graduated from the Turan University with a degree in international economics. In 2003, he graduated from the Diplomatic Academy of the Ministry of Foreign Affairs of the Republic of Kazakhstan with the same specialty as an international economist. In parallel with his studies at the Turan University, Myrzagaliev studied at the Caspian State University of Technologies and Engineerin ...
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Rompetrol
Rompetrol is a crude oil development, producer, and refiner based in Romania. It also markets and distributes refined petroleum products through its chain of gasoline and diesel fuel stations. Established as a state-owned company in 1974, it was privatized in 1993 and became a subsidiary of KMG International in 2007. It has operations in 12 countries, where it is known as The Rompetrol Group N.V. History Rompetrol was established in 1974 as the operator of the Romanian oil industry. The company was privatized in 1993 through a Management and Employee Buyout (MEBO), and turnover subsequently reduced to below $6 million by 1998. In 1998, Rompetrol was purchased by a local investor group led by Dinu Patriciu, thus increasing company capital and contributing into a substantial turnover growth. In 1999, the company's new holding was established as The Rompetrol Group N.V.(TRG) in the Netherlands. The new group made its first major acquisition: Vega refinery - located in Ploieşt ...
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Tengizchevroil
Tengizchevroil is a joint venture between Chevron (50% share in the consortium), ExxonMobil (25% share), KazMunayGas (20% share) and LukArco (5% share). The joint venture was formed in April 1993, when the government of Kazakhstan granted exclusive 40-year rights to Tengizchevroil LLP (TCO) to develop the Tengiz and Korolevskoye oil fields located in the north-eastern reaches of the Caspian Sea in Kazakhstan. History and operations From a two-company joint venture in 1993 (between the Kazakhstani state oil company KazakhOil, now KazMunayGas, and the American oil giant Chevron) Tengizchevroil expanded in 1996–1997 into a four-company consortium: ExxonMobil Kazakhstan Ventures, an ExxonMobil subsidiary, and LukArco, a joint venture between Lukoil and Atlantic Richfield ARCO ( ) is a brand of gasoline stations currently owned by Marathon Petroleum after BP sold its rights. BP commercializes the brand in Northern California, Oregon and Washington, while Marathon has rights ...
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Samruk-Kazyna
Samruk-Kazyna ( kk, Самұрық-Қазына, translit=Samūryq-Qazyna), officially known as the National Welfare Fund "Samruk-Kazyna" ( kk, «Самұрық-Қазына» ұлттық әл-ауқат қоры» Акционерлік Қоғамы, translit=“Samūryq–Qazyna” ūlttyk äl–auqat qory, Aktsionerlik Qoğamy), is a sovereign wealth fund and joint stock company in Kazakhstan which owns, either in whole or in part, a number of major companies in the country. This includes the national rail and postal service, the state oil and gas company KazMunayGas, the state uranium company Kazatomprom, Air Astana, and others. The state is the sole shareholder of the fund. History It was created in October 2008 with the merger of two funds, "Samruk" and "Kazyna", by decree of the president of Kazakhstan, Nursultan Nazarbayev. The current chairman of the board of directors is Almasadam Satkaliev. Previously, then-Prime Minister Bakhytzhan Sagintayev served as chai ...
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Nurlan Balgimbayev
Nurlan Utebovich Balgimbayev ( kz, Нұрлан Өтепұлы Балғымбаев, ''Nūrlan Ötepūly Balğymbaev''; 20 November 1947 – 14 October 2015) was a Kazakh politician who served as Prime Minister of Kazakhstan from 10 October 1997 to 1 October 1999. He became President of the Kazakhstan Oil Investment Company in 2002. Biography Early life and career Balgimbayev was a graduate of the Satbayev Kazakh National Technical University, Kazakh Polytechnic Institute. From 1973 to 1986, Nurlan Balgimbayev worked in the oil industry, beginning as chief engineer of oil refinery Zhaikneft. In 1986, he was hired by the Soviet ministry of oil and gas. With the fall of the Russian block in 1991, Balgimbayev left for the US and studied one year at the University of Massachusetts and made a one-year internship at Chevron Corporation, Chevron (1993-1994). Political career Until 1997, he held different minister and vice-minister positions in the Kazakh government. From October 1 ...
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Nur-Sultan
Astana, previously known as Akmolinsk, Tselinograd, Akmola, and most recently Nur-Sultan, is the capital city of Kazakhstan. The city lies on the banks of the Ishim River in the north-central part of Kazakhstan, within the Akmola Region, though administered as a city with special status separately from the rest of the region. A 2020 official estimate reported a population of 1,136,008 within the city limits, making it the second-largest city in the country, after Almaty, which had been the capital until 1997. The city became the capital of Kazakhstan in 1997; since then it has grown and developed economically into one of the most modern cities in Central Asia. In 2021, the government selected Astana as one of the 10 priority destinations for tourist development. Modern Astana is a planned city, following the process of other planned capitals. After it became the capital of Kazakhstan, the city dramatically changed its shape. The city's master-plan was designed by Japanese a ...
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KazTransOil
KazTransOil JSC () is the national oil transporter in Kazakhstan accounting to 53% of all oil transported in the country. The company operates more than 8000 km of oil pipelines and 3,140 km of water pipelines. KazTransOil is a subsidiary of KazMunayGas, the national oil and gas company of Kazakhstan Kazakhstan, officially the Republic of Kazakhstan, is a transcontinental country located mainly in Central Asia and partly in Eastern Europe. It borders Russia to the north and west, China to the east, Kyrgyzstan to the southeast, Uzbeki .... Rating In July 2012, Standard & Poor’s assessed KazTransOil’s SACP at “bb+”, on the basis of their opinion of its “satisfactory” business risk profile and “significant” financial risk profile. KazTransOil’s stand-alone credit quality is supported by long-term ship-or-pay contracts with oil producers, the company’s favourable debt structure and maturity profile, limited competition from alternative oil ex ...
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