KMG

Paul Manduca, Independent Non-Executive Director, has notified the Company that he will be stepping down from the Board of Directors and Audit Committee at the end of September this year. This decision follows his recent appointment as Chairman of Prudential. Lyazzat Kiinov, Chairman of KazMunaiGas Exploration & Production, thanked Mr. …

JSC KazMunaiGas Exploration Production («KMG EP» or «the Company») announces the closing of the transaction to sell a 51% stake in the LLP «Kazakhstan Petrochemical Industries Inc.» («KPI») that operates the construction of the first integrated petrochemical complex in Atyrau region to the LLP «United Chemical Company», which has managed …

BG Group today announced that the Republic of Kazakhstan (RoK) and the contracting companies in the giant Karachaganak gas-condensate field in north-west Kazakhstan have reached an agreement that will support the further development of the field. The agreement, effective from 30 June 2012 on satisfaction of conditions precedent, involves Kazakhstan’s …

JSC KazMunaiGas Exploration Production (KMG EP or the Company), announces that according to preliminary data in the first three months of 2011 it produced 3,172 thousand tonnes of crude oil (259 kbopd) including the Company’s stakes in Kazgermunai (KGM), CCEL, PetroKazakhstan Inc. (PKI) and NBK LLP (NBK), which is 11 thousand tonnes or 0,3% …

JSC “KMG EP” (“KMG EP” or the “Company”) announced that at anextraordinary meeting of the Board of Directors held today, Askar Balzhanov was elected GeneralDirector (CEO). The main shareholder of KMG EP – National Company KazMunaiGas (KMG) – proposed thereplacement of Kenzhebek Ibrashev, due to his transfer to another important …