Net profit of KazMunaiGas Exploration-Production in January-September 2012 went 5% up compared to the same period last year and made $1.2 billion.http://en.tengrinews.kz/admin/news/edit/14653/
KazMunaiGas National Company will sell around 20 non-core assets and 349 non-core facilities within several years.
Samruk-Kazyna’s board decided to terminate the authorities of KMG board chairman Umirzak Shukeyev ahead of time.
The total payment for 2011 makes 142 billion tenge ($946.8 million).
Production of oil and gas condensate will grow 1.6-fold in Kazakhstan by 2022: KazMunaiGas chairman.
Reconstruction and modernization of Kazakhstan’s oil refineries is the most important priority in development of the sector and our economy: KazMunaiGas chairman.
Kazakhstan President Nursultan Nazarbayev has met with chairman of Gazprom Aleksey Miller.
Rompetrol has successfully completed modernization of Petromidia oil refinery and switched to production of Euro-5 fuel.
Sultangali had already been Director General of KazTransGas in 2005-2007 and 2009-2011.
Upstream division (exploration and production) of Rompetrol group starts drilling the first exploration well at Fokshani block in Romania.
The production results are 354 thousand tons (4 percent) less than in the same period of 2011.
Naftogaz of Ukraine and Rompetrol signed a memorandum of intent to create a joint company for oil products marketing in Ukraine.
KazMunaiGas oil and condensed gas production in 2011 totaled 21.1 million tons. Plans are to produce 21.9 million tons in 2012.
KazMunaiGas will invest 500 billion tenge into geological exploration of promising blocks in the nearest 5 years.
KazMunaiGas, along with KNOC, completed manufacturing of a submersible drilling barge Caspian Explorer; it was officially floated on June 14.
The second and third phases of the project will start on time and the profitability of the field time-wise is estimated until 2112: KazMunaiGas.
Having created a direct link between the terminal and refinery we have optimized the oil supply process and significantly decreased technological losses and costs: KMG.
Former head of KazMunaiGas-Processing and Marketing Zhanat Tussupbekov was appointed Director General of Rompetrol Group.
Joint teams are working, the license has been obtained, so we hope that the negotiations process will be completed by the end of this year: LUKOIL President.
The company had bought geological materials that are now available to all our colleagues: LUKOIL President.
- Sauat Mynbayev
- Samruk Kazyna
- Nursultan Nazarbayev
- Caspian Sea