Company overview
Scope of operation
JSC National Company KazMunayGas (“JSC NC KazMunayGas”, “KMG”, the “Company”) is a Kazakhstan’s leading vertically integrated oil and gas company.
KMG operates assets across the entire production cycle from exploration and production of hydrocarbons to transportation, refining and provision of services. Established in 2002, the Company represents the interests of the Republic of Kazakhstan in the national oil and gas industry.
Geography
Capital structure
Under the Trust Management Transfer Agreement for the shares of KMG No. 505 NB / 529-i dated 12 October 2015 signed between Samruk-Kazyna and the National Bank of Kazakhstan, Samruk-Kazyna owns all voting shares of KMG.
Samruk-Kazyna is a sovereign wealth fund with the Government of the Republic of Kazakhstan as its sole shareholder. The Fund’s mission is to improve the sovereign wealth of the Republic of Kazakhstan and ensure long-term sustainability for future generations. The Fund’s portfolio includes companies operating in the oil and gas, transport, logistics, chemical, nuclear, mining and metals, energy and real estate industries.