National Company “KazMunayGas” is a leading vertically integrated oil and gas company in Kazakhstan. Founded in 2002, the Company represents the Republic of Kazakhstan’s interests in the national oil and gas industry.

KMG manages assets throughout the entire production cycle, i.e. from exploration and production of hydrocarbons to transportation, refining and provision of maintenance services.

The shareholders of JSC NC “KazMunayGas” are Joint-Stock Company “Sovereign Wealth Fund “Samruk Kazyna” (90.42%) and National Bank of the Republic of Kazakhstan (9.58%).

The strategic acquisition of  The Rompetrol Group in 2007 provided KazMunayGas with a footprint into important downstream markets in Europe, as well as the ability to use the Group as a platform for future international expansion.

The National Company produces 26% of the country’s oil and gas condensate and 15% of natural gas and associated gas. The Company’s trunk pipelines transport 57% of oil and 79% of gas in Kazakhstan. The share of oil refined by Kazakhstan oil refineries is 81%. 

With more than 70 thousand employees, JSC NC “KazMunayGas” is among the major employers.


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