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АО НК "КАЗМУНАЙГАЗ"
Production performance

Oil and gas condensate 1,96 million tons
Gas 0,43 billion cubic meters
January
  • 1957
  • 432
Oil (million tons) Gas (million cubic meters)
Oil 4,93 million tons (land)
0,46 million tons (sea)
Gas 9,75 billion cubic meters
January
  • 4927
  • 455
  • 9747
Oil transportation (thousand tons (land)) Oil transportation (thousand tons(sea)) Gas transportation (thousand tons)
Refining (consolidate) 1 146 thousand tons
AR 283 thousand tons
PKOP 162 thousand tons
KazMunayGas International N.V. 381 thousand tons
PPCP 320 thousand tons
January
  • 283
  • 162
  • 381
  • 320
AR (thousand tons) PKOP (thousand tons) KazMunayGas International N.V. (thousand tons) PPCP (thousand tons)
ai80 89 tg.  
ai93 118 tg.  
ai95 138 tg.  
ai98 146 tg.  
dt 99 tg.  
(January of 2016)

Regulatory environment survey

Regulatory Environment Review JSC NC «KazMunayGas»

JSC NC «KazMunayGas» (KMG) was established by way of merger of the closed joint stock companies «National Oil and Gas Company «Kazakhoil» and «National Company «Transportation of Oil and Gas» in accordance with Decree No. №811 of the President of the Republic of Kazakhstan dated February 20, 2002 for the purpose of promoting and protecting the interests of the Republic of Kazakhstan in the oil and gas sector of the country’s economy.

The KMG scope of operations is as follows:

  • to participate in implementing the uniform state policy in the oil and gas industry;
  • to ensure effective and rational development of oil and gas resources of the republic;
  • to participate in developing the strategy of usage, rehabilitation and further enhancement of the oil and gas resources;
  • in accordance with the statutory procedure to represent the state interests in contracts with the contractors performing oil and gas operations through a compulsory share participation in contracts. The specifies procedure is regulated by the Rules of Representing by the National Company of State interests in the Contracts Stipulating a Share Participation of the National Company approved by Decree No.122 of the Government of the Republic of Kazakhstan dated February 10, 2011;
  • to participate in arranging the tenders for oil and gas operations on the territory of the Republic of Kazakhstan;
  • corporate management and monitoring of exploration, development, production, refining, marketing, transportation of hydrocarbons, designing, construction, maintenance of oil and gas pipeline and petroleum infrastructure;
  • in accordance with the statutory procedure to participate in internal and international projects of the Republic of Kazakhstan on performing the oil and gas operations.

A central executive body of the Republic of Kazakhstan creating and implementing the state policy, coordinating the management process in the spheres of oil and gas and petrochemical industry, raw hydrocarbons transportation, state regulation of production of oil products, gas and gas supply and main pipeline is the Ministry of Energy of the Republic of Kazakhstan.

Regulation on the Ministry of Energy of the Republic of Kazakhstan was approved by Decree No.994 of the Government of the Republic of Kazakhstan dated September 19, 2014.

Decree No.390 of the Government of the Republic of Kazakhst an dated April 2, 2002 assigned to KMG the functions of a labor body of the Ministry of Oil and Gas of the Republic of Kazakhstan for conducting the regulation in a sphere of the construction activity on the issues of planning, designing, construction of facilities of the oil and gas transportation infrastructure related to transportation via main pipelines, further storage and transfer of oil and gas to other means of transportation as well as on the issues of using the existing facilities of the oil and gas transportation infrastructure.

KMG also playsan important partin implementation of the Programme of the Oiland Gas Sector Developmentin Kazakhstan for 2010-2014, approved by Decree No. 1072 of the Government of the Republic of Kazakhstan dated October 18, 2010, aimed at:

  • implementationofthe setindexes for oil and gas condensate production and export;
  • meeting the demand soft the domestic market in oil and gas;
  • ensuringin crease in the proved hydro carbons reserves and bringing the production level to a consistently high level;
  • increasing processing depth and volumes of the domestic raw materials (oil and gas);
  • diversification of the oil and gas transportation export routes;
  • harmonization of the industry technical regulation norms;
  • increasing the Kazakh content in oil companies;
  • training of all level specialists for new productions of the oil and gas industry;
  • securing labor safety and decreasing the negative impacton the environment.

Besides, KMG is responsible for execution of a number of events envisaged by the Integrated Plan on the oil and gas sector development for 2014-2018, accepted by Decree No. 567of the Government of the Republic of Kazakhstan dated May 28,2014.

The basic legislative instruments, regulating the KMG’s activity, are as follows:

  • The Law of the Republic of Kazakhstan «On Subsoil and Subsoil Use»;
  • The Law of the Republic of Kazakhstan «On Joint-Stock Companies»;
  • The Law of the Republic of Kazakhstan «On National Welfare Fund»;
  • The Law of the Republic of Kazakhstan «On State Property»;
  • The Law of the Republic of Kazakhstan «On State Regulation of Production and Distribution of Certain Oil Products»;
  • The Law of the Republic of Kazakhstan «On Gas and Gas Supply»;
  • The Law of the Republic of Kazakhstan «On Main Pipeline»;
  • The Law of the Republic of Kazakhstan «On Natural Monopolies and Regulated Markets»;
  • The Law of the Republic of Kazakhstan «On Laws and Regulations»;
  • The Law of the Republic of Kazakhstan «On Private Enterprise»;
  • The Law of the Republic of Kazakhstan «On Concessions»;
  • The Law of the Republic of Kazakhstan «On Transfer Pricing»;
  • The Law of the Republic of Kazakhstan «On Technical Regulation»;
  • The Law of the Republic of Kazakhstan «On Merchant Shipping»;
  • The Law of the Republic of Kazakhstan «On Anti-Corruption»;
  • The Law of the Republic of Kazakhstan «On Audit Activities»;
  • The Civil Code of the Republic of Kazakhstan (General and Special Parts).

Procurement sare made in accordance with the Regulations on goods, works and services procurement by JSC «National Welfare Fund «Samruk-Kazyna» and organizations, where fifty and morepercent of voting shares (participation interests) are expressly or implicitly owned by JSC «Samruk-Kazyna» as a propertyor confidential management, confirmed by the decision of the Board of JSC «Samruk-Kazyna» datedMay 26, 2012 (Minutes No.80).


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© АО Национальная компания «КазМунайГаз», 2014