Attention, Scam!

Currently, scammers have built a dedicated website, mobile app and social media profiles, where they propose that Kazakh nationals invest their money to what they say is National Company “KazMunayGas”. In consideration, the scammers promise a fast return from sales of oil and gas.

KazMunayGas would like to assert that it does not raise any funds of the Kazakh nationals for any investment projects. The advertisement being spread is misleading and fraudulent.

We are asking the Kazakh people to be alert and to trust the official sources only.

Please bear in mind that the information on the company’s operations is posted only on the official website and on our pages in the social media, such as YouTube, Facebook, Instagram and Telegram.

Company Strategy

JSC NC «KazMunayGas» Development Strategy for 2022-2031

 

In November 2021, the Board of Directors of the Company approved the Development Strategy of JSC NC KazMunayGas for 2022-2031.

 

The strategy considers the changes in KMG's assets portfolio in terms of developing the petrochemical business and the separation of KazTransGas JSC into a separate national company as part of Samruk-Kazyna JSC, as well as the global trend for the energy transition to clean energy sources and the tightening of carbon regulation.

 

The Company is aware of the importance of its impact on the economy, ecology and society, and will continue to integrate the principles of sustainable development into the Company's key business processes in order to ensure consistency of economic, environmental and social priorities, as well as corporate governance objectives.

 

For the next ten years, the Company's growth will be ensured by increasing the resource base, the efficiency of current production, the development of new processing, the introduction of modern technologies and the reduction of the carbon footprint.

 

Vision: A national vertically integrated oil and gas company that meets high safety standards and principles of sustainable development, aimed at maximization financial results.

 

Mission: We develop natural resources in an effective and rational manner to ensure energy safety, development and prosperity of Kazakhstan, with care for future generations.

 

In accordance with the Mission of KMG four strategic goals are defined.

  • Sufficient resource base to ensure the Company’s growth
  • Improving the Company's value chain efficiency
  • Business diversification and product portfolio expansion
  • Sustainable development and gradual reduction in the carbon intensity of operations