Company News

24 May 2011
The “KazMunayGas” Group of Companies assigned 3.9 bn. tenges to render Assistance to the Victims of Spring Flood in West Kazakhstan Region
National Company “KazMunayGas” and its subsidiaries (JSC E&P “KazMunayGas”, JSC “KazTransOil”, JSC “KazTransGas”) have assigned 3.9 bln. tenges to a special beneficent account at SI “The Mobilization preparation, civil defence, organization of prevention and relief of emergencies and natural hazards Authority of West Kazakhstan Region” to render assistance to the victims of the spring flood in Uralsk city, Taskala and Zelenovsk regions of West Kazakhstan region.

20 May 2011
The main topic of the VI KAZENERGY Eurasian Forum is: “Kazakhstan: 20 Years of Sustainable Growth, New Horizons For Investments and Cooperation”
Eurasian Forum in Astana on 4-5 October and KIOGE in Almaty on 5-8 October.

20 May 2011
Messages for the Speech of Chairman of the Management Board of JSC NC “KazMunayGas” K.M. Kabyldin at the Investment Forum within the framework of the annual meeting of the Board of Governors of the European Bank for Reconstruction and Development (As

Good afternoon, dear ladies and gentlemen,

On behalf of National Company “KazMunayGas”, let me greet the participants and guests of the Investment Forum!

I would like to thank the organizers of the forum for the provided opportunity to meet you and tell you about major investment projects our company is implementing.

16 May 2011
Round Table Discussion in Almaty dedicated to the Issues of Joint Projects Development between JSC NC “KazMunayGas” and Foreign Companies, including the Chinese Partners
Almaty, May 6, 2011, National Company “KazMunayGas” (hereinafter – NC KMG) held a round table discussion on the development prospects of the projects with foreign participation in the oil and gas industry, including the issues of the cooperation with Chinese companies.

16 May 2011
National Company “KazMunayGas” congratulated the Veterans of Labor and War on the Victory Day
On the eve of celebration of the Victory Day National Company “KazMunayGas” has held a festive occasion dedicated to honouring of the Veterans of war and labor.

15 May 2011
Start of the Municipal Children’s and Youth Indoor-Soccer Tournament for the “KazMunayGas” Cup in Astana
Astana, May 15, of the current year an opening ceremony of the municipal children’s and youth indoor-soccer tournament for the “KazMunayGas” Cup, dedicated to the 20th anniversary of Independence of the Republic of Kazakhstan was held at the sports ground of School No. 28.

13 May 2011
Rompetrol Rafinare has improved its operational and financial results in the first trimester of the year

13 May 2011
National Company “KazMunayGas” reports on preliminary results of financial and economic activities for 1Q 2011
JSC NC “KazMunayGas” (KMG) reports on the preliminary results of the financial and economic activities for 1Q 2011.

11 May 2011
KMG EP withdraws from the negotiation process on the Akkas Field Development project in Iraq
Astana, 11 May 2011.  JSC KMG EP ("KMG EP "or the "Company") has informed the Ministry of Oil and Gas of the Republic of Iraq and the company Korea Gas Corporation (KOGAS) of its withdrawal from participation in the Akkas Field Development project negotiations in Iraq.

10 May 2011
JSC KazMunaiGas Exploration Production 1Q 2011 Financial results
Astana, May 10, 2011. JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”) released its consolidated financial statements for the three months ended March 31, 2011:

5 May 2011
Announcement on the results of the Annual General Meeting of KMG EP’s Shareholders
Astana, 5 May 2011. JSC KazMunaiGas EP (“KMG EP” or “The Company”) held an Annual General Meeting of Shareholders.

5 May 2011
KazMunaiGas Exploration Production Notice of 1Q 2011 Financial Results

3 May 2011
Ecomaster is investing 2 million USD in the waste treatment and storage
Ecomaster, company member of The Rompetrol Group, is continuing this year its development plan for the industrial waste storage and treatment park Ecopark, the investment value reaching approximately 2 million USD. Ecopark is situated nearby Ploiesti, in  Arciestii Rahtivani.

22 April 2011
A. Aidarbayev was elected Oil and Gas Upstream Managing Director (Member of the Board of Directors) of JSC NC “KazMunayGas”
In accordance with the decision of the Board of Directors of JSC NC “KazMUnayGas” Alik Serikovich Aidarbayev was elected Oil and Gas Upstream Managing Director (Member of the Board of Directors) of JSC NC “KazMunayGas”.

20 April 2011
K. Kabyldin, Chairman of the Board of JSC NC “KazMunayGas” participated in the Formal Event dedicated to the 20th Anniversary of the Tengiz Oil
On April 20, c. y. in Atyrau there was a solemn meeting dedicated to the 20th Anniversary of the Tengiz Oil. As is well-known, on April 6, 1991 an oil and gas complex – Tengiz oil and gas refining plant was founded. It marked the beginning of commercial production at this field. Within the framework of the formal events it is scheduled to hold a meeting of the Partnership Council, visiting of a number of production facilities and the Tengiz field.

19 April 2011
Closing of acquisition of a 50% stake in Ural Group Limited
Astana, 19 April 2011. JSC KazMunaiGas Exploration Production (“KMG EP” or the “Company”) announces the closing of the transaction to acquire a 50% stake in Ural Group Limited (UGL) from Exploration Venture Limited (EVL). UGL owns the exploration license for the block Fedorovskiy through 100% stake in LLP “Ural Oil and Gas” (UOG).

19 April 2011
The successful future is near at hand, Erzhan Zhanibekov
Strategic attraction of the “KazMunayGas” purchase

19 April 2011
Well-to-gas nozzle way. Kazakhstani oil workers have expanded sales geography of the domestic “black gold” /Svetlana Antoncheva/
80 mln tons a year (4 times more than at the moment the Republic became independent) – these are the current results of the domestic oil production. Our country is in the top decile of the key countries around the world on reserves of hydrocarbons and occupies the second place (after Russia) in CIS. Kazakhstan is also a major player in sales market, since due to the limited domestic consumption (no more than 25%) a bigger portion of “black gold” goes naturally for export. According to the estimates, in 10 years the volumes of oil “for export” will gain 120–140 mln. tons! Where can we “find” the required direct transportation routes to secure maximum benefit to ourselves and qualified end products to consumers? One of the key directions for exploration within “expansion” of energy sales horizon is EU. It should be noted that JSC NC “KazMunayGas” “drilled” “window to Europe” the very same day three years ago having acquired such a strategic asset as Romanian “The RomPetrol Group N.V.”

13 April 2011
National Company “KazMunayGas” held a Session on the Local Content Development in Instrumentation and Automation
JSC NC “KazMunayGas” (hereinafter NC KMG) held a meeting with the heads of Kazakhstani enterprises on development of the local content in instrumentation and automation manufacturing.

11 April 2011
KMG EP announces acquisition of four contracts for exploration of hydrocarbons
Astana, 11 April 2011. JSC Kazmunaigas EP" (the "Company", "KMG EP") today announces agreements reached with the JSC National Company KazMunayGas (“NC KMG”) to acquire four hydrocarbon exploration contracts.