KazMunayGas

S&P: Contract with China positively influences KazTransGas’ ratings

KazTransGas and its largest subsidiary, Intergas Central Asia, increased the issuer's long-term credit rating from BB- to BB with a stable outlook.

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S&P increases rating of KazMunayGas to BB, outlook is stable

S&P Global Ratings agency has upgraded KazMunayGas' long-term corporate rating to BB from BB-, with a stable outlook. This was reported by the agency.

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KMG intends to increase its reserves by 351 mln tons by 2028

The national company of Kazakhstan, KazMunayGas intends to increase its oil reserves of 351 million tons by  2028, deputy chairman of the company’s Board for exploration and production K

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Exploration Production KazMunayGas may stop working because of optimization

Exploration Production KazMunayGas (EP KMG) may cease operations as part of the optimization of the KazMunayGas Group.

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Kazakhstan doubles gas exports to China.

A long-term contract to increase the export of Kazakh gas to 10 billion cubic meters per year was signed in Beijing, Tengrinews.kz reports.

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Russia and Kazakhstan sign a protocol on lifting embargo on petrol exports

Kazakhstan and Russia signed a protocol on amending the agreement concerning the lifting of the embargo on the supply of the Kazakh gasoline to the CIS countries, Interfax reported.

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KPO Consortium to invest $5 billion in future development of Karachaganak field - Ministry of Energy of Kazakhstan

The Karachaganak Petroleum Operating Consortium (KPO, the consortium includes Eni, Shell, Chevron, LUKOIL, and KazMunaiGas) has committed to implement investment projects for the future development

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EP KMG continues to actively buy back preferred shares

On results of the second specialized bidding for acquisition of preferred shares of Exploration Production KazMunayGas (EP KMG), the company has repurchased 108.861 of its shares.

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Kazakhstani Government and oil consortium KPO to sign agreement on dispute settlement in the next few months

The Government of Kazakhstan and consortium of oil companies Karachaganak Petroleum Operating (KPO) have planned to sign a final agreement on the settlement of dispute on calculation of income from

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In H1 2018, KazMunayGas increased oil and gas production

In the first six months of 2018, the revenues of KazMunayGas (KMG) made up 3.3 trillion tenges ($10.2 billion). This is by 62% higher than in the same period of 2017.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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