Entity

JSC “National Company “KazMunayGas” is a leading vertically integrated oil and gas company in Kazakhstan. KMG manages assets throughout the entire production cycle, i.e. from exploration and production of hydrocarbons to transportation, refining and provision of maintenance services. Founded in 2002, the Company represents the Republic of Kazakhstan’s interests in the national oil and gas industry.

KMG Key Indicators (accessed 18^th Apr 2025): 

• 26% - Oil production in Kazakhstan
• 56% - Oil transportation in Kazakhstan
• 80% - Oil refining in Kazakhstan
• 21% - Assets in terms of KAZAKHSTAN's GDP
• 9% - Share in the state budget of the Republic of Kazakhstan

KMG Shareholders (accessed 18^th Apr 2025):

Shareholders of JSC NC "KazMunayGas":

• jsc "National Welfare Fund "Samruk-Kazyna" - 67.42%
• the Ministry of Finance of the Republic of Kazakhstan - 20%
• the National Bank of the Republic of Kazakhstan - 9.58%
• minority shareholders - 3%.

At the same time, shares owned by the National Bank of the Republic of Kazakhstan and the Ministry of Finance of the Republic of Kazakhstan were transferred to the trust management of JSC "National Welfare Fund "Samruk-Kazyna".