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KazMunaiGas EP mulls moving from Astana to Aktau

22 january 2013, 13:45
0
Head office of KazMunaiGas National Company in Astana. ©RIA Novosti
Head office of KazMunaiGas National Company in Astana. ©RIA Novosti
Central office of KazMunaiGas Exploration&Production mulls moving from Astana to Aktau, Tengrinews.kz reports citing the company’s press-service. The details have not been unveiled yet.

The decision to move the company’s head office may be made by the board of KazMunaiGas National Company in the nearest time.

KazMunaiGas Exploration&Production was established in March 2004 through a merger of UzenMunaiGas and EmbaMunaiGas. KMG EP is a branch of Kazakhstan's state-run oil and gas company KazMunaiGas National Company.

KMG EP is listed at the Kazakhstan Stock Exchange, and its GDRs (global depository receipts) are listed at the London Stock Exchange. The company attracted over $2 billion during its IPO in September 2006.

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