Company Strategy

JSC NC “KazMunayGas”, being a vertically integrated national oil and gas company, is focusing its efforts on further development of the petroleum industry of the Republic of Kazakhstan.

The Company’s mission lies in maximizing the Shareholders’ profits from participation in the development of the national petroleum industry.

Vision JSC NC "KazMunayGas” should become a highly efficient vertically integrated operating company, meeting the highest safety and corporate governance standards.

Business values:

Justice

  • We act honestly
  • We keep our word and do not accept double standards
  • We give everyone equal opportunity and fairness

Loyalty

  • We accept that the interests of the Company are above our own
  • We are not indifferent to the Company and take great care of everything that we have
  • We are one team

Development

  • We invest in people and technology
  • We are changing for the better and constantly growing, striving to become a global company
  • We drive changes

Safety

  • We care about the safety of our employees, partners and society
  • We care about the environment
  • We care about our reputation

Responsibility

  • We make informed decisions
  • We learn from mistakes
  • We are persistent and disciplined

Achievement of the mission and vision of JSC NC “KazMunayGas” will be ensured through the attainment of the three strategic goals:

  1. Creating value and strengthening financial soundness;
  2. Raising the level of SDE/JV manageability;
  3. Corporate governance and sustainable development.

Attainment of the strategic goals will translate into growth in the free cash flow and the return on investment ratio, ability to carry out operating improvements quickly and efficiently, and creation of management systems, ensuring achievement of the challenging targets in corporate social responsibility, health, safety and environmental protection.