National company kazmunaygas jsc private company information – bloomberg z gas cd juarez

National Company KazMunayGas JSC engages in the exploration, production, refining, and transportation of hydrocarbons in the Republic of Kazakhstan and internationally. It operates through four segments: Exploration and Production of Oil and Gas, Transportation of Oil, Transportation of Gas, and Refining and Trading of Crude Oil and Refined Products. The company produces crude oil and gas condensates, and natural and associated gases. It is also involved in the oil transportation through trunk oil pipelines and tankers; natural gas transportation through trunk gas pipelines; and processing of crude oil in to the retail oil products. National Company KazMunayGas JSC is based in Astana, the Re…

National Company KazMunayGas JSC engages in the exploration, production, refining, and transportation of hydrocarbons in the Republic of Kazakhstan and internationally. It operates through four segments: Exploration and Production of Oil and Gas, Transportation of Oil, Transportation of Gas, and Refining and Trading of Crude Oil and Refined Products. The company produces crude oil and gas condensates, and natural and associated gases. It is also involved in the oil transportation through trunk oil pipelines and tankers; natural gas transportation through trunk gas pipelines; and processing of crude oil in to the retail oil products. National Company KazMunayGas JSC is based in Astana, the Republic of Kazakhstan.

National Company KazMunayGas JSC announced earnings results for the year of 2017. For the year, the company reported revenues amounted to KZT 2,459 billion, which is 32% higher than the GKG. The increase was due to the increase in the average Brent price by 23.5% of the GKG and the growth in sales volumes under the long-term contract for the supply of oil and liquefied gas. The amount of sales under this agreement amounted to KZT 1,153 billion for 2017. Deliveries began in the second quarter of 2016. The net profit of the Company increased by 44% of the GKG and amounted to KZT 520 billion against KZT 360 billion in 2016. Capital expenditures amounted to KZT 637 billion, which is 15% higher than the GKG. Of these, cash capital expenditures are KZT 464 billion. Net debt is equal to KZT 1,341 billion.

For the year 2017, the company reported volume of oil and gas condensate production increased by 3% year on year to 23,362,000 tons. The extraction of natural and associated gas increased by 8% of the GKG to 7,997 million m3. The volume of oil transportation increased by 3% of the GKG to 65,489,000 tons; The volume of gas transportation increased by 15% of the GKG, amounting to 100.9 billion m3. The volume of refining of oil and naphtha in Kazakhstan plants grew by 3% of the GKG to 14,874,000 tons. Of these, NC KMG’s net share is 12,173,000 tonnes, up 3% of the GHG. The volume of processing at KMG I (Petromidia) increased by 5% to 5,662,000 tons. The extraction of JSC KazMunaiGas EP (‘KMG EP’) in 2017 amounted to 11,876,000 tons of oil, which is 2% lower than the GKG, mainly due to a decrease in the level of oil production in the fields of JV Kazgermunai and PetroKazakhstan Inc. The share of NC KMG in the production of TCO (20% share) was 5,739,000 tons of oil, an increase of 4% in the GKG. Increase due to stable and reliable operation of ZSG /KTL /ZPV plants and successfully conducted planned overhauls. The share of NC KMG in the volume of production of JSC Mangistaumunaigas (50% stake) was 3,178,000 tons of oil, an increase of 1% in the GKG.