KazMunayGas
KazMunayGas (KMG) () is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging CJSC Kazakhoil and CJSC Oil&Gas Transportation.
Key facts
- Company.name
- KazMunayGasҚазМұнайГаз
- Company.logo
- frameless
- Company.image
- 200px
- Company.type
- State-owned
- Company.foundation
- 2002
- Company.location_city
- Astana
- Company.products
- oil natural gas
- Company.revenue
- US$6.78 billion (2005)
- Company.net_income
- US$4.06 billion (2005)
- Company.num_employees
- over 30,000
- Company.parent
- Samruk-Kazyna
- Company.location_country
- Kazakhstan
- Company.homepage
Article
8 sectionsContents
- History
- Subsidiaries
- Oil refineries
- Shareholders and management
- 2011 strikes
- See also
- References
- External links
KazMunayGas (KMG) () is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging CJSC Kazakhoil and CJSC Oil&Gas Transportation.
== History == It was formed by the decree of the President of Kazakhstan dated February 20, 2002, through the merger of Kazakhoil CJSC and Oil&Gas Transportation CJSC. The Kazakhoil company was founded in 1997, and Nurlan Balgimbayev became its first president. From May 1997 to March 1999, Timur Kulibayev held the position of Vice President for Economics and Finance at Kazakhoil. In the summer of 2000, Kairat Satybaldy, a nephew of Nursultan Nazarbayev, who in 2002 took the position of Managing Director for Social Affairs, Strategic Planning and Telecommunications at KazMunayGas, became the Vice President of Kazakhoil.