ABOUT THE COMPANY

The centenary of the first-born of domestic oil production is a momentous occasion for all Kazakhstanis. The era of Kazakhstani oil began in 1899, when the first fountain of oil gushed from well No. 7 in the Karashungyl area of Zhylyoi district, Atyrau region.

The company dates back to 1922, when the development of Dossor and Makat fields coincided with the birth of Kazakhstan’s oil industry. It was then that the training of a galaxy of national personnel for the fledgling industry began: workers, engineers, managers.

The Embaneft Trust was established to manage geological surveys, exploration and production. It became the main centre of productive forces whose task was to put the inexhaustible natural resource hidden under the ground at the service of society and the state.

The oil workers of that time, despite all the hardships, endured all difficulties and successfully developed new fields and fulfilled production tasks of any complexity.

In the second half of the twentieth century, stability and scientific and technological progress came to the industry. While continuing to develop the fields in the Ural-Emba basin at a more technologically advanced level, the Emba oilmen simultaneously began to develop black gold deposits in Mangyshlak and the Aktobe region, and the Tengiz field was discovered.

Embamunaigas today represents innovative ideas and new technologies aimed at increasing production efficiency and reducing costs. The oil producer continues to be at the forefront of the industrial sector, making a significant contribution to the economy of independent Kazakhstan. Between 2012 and 2022, Embamunaigas JSC allocated more than 1 trillion and 472 billion tenge to pay taxes to the National Fund, national and local budgets, for the development of regional infrastructure about 5 billion 640 million tenge.

KazTransOil (KTO) JSC is a national oil transportation operator, which plays an important role in ensuring stable supplies of energy resources to the domestic market and strengthening the country’s export potential. The Company owns an extensive network of main oil pipelines with a total length of about 5.4 thousand km. Implementation of KTO projects is of strategic importance for energy security, serves as a reliable base for socio-economic development of the regions, and contributes to improving the quality of people’s lives. The Company was the first in the Republic of Kazakhstan to float its shares under the “People’s IPO” Program. In December 2012 the company’s common shares began trading on the secondary market on KASE.

KTO provides transportation of around 36 % of all oil produced in the country and more than 90 % of deliveries to domestic refineries. Over the years of the company existence the volume of oil transportation via the pipeline system has more than doubled.

For a quarter of century, the new Kenkiyak – Atyrau, Alibekmola – Kenkiyak, North Buzachi – Karazhanbas, Atasu – Alashankou oil pipelines were put into operation, Kenkiyak – Kumkol pipeline was built, the capacity of Atyrau – Samara oil pipeline was expanded, capacities of Aktau sea port and a number of railway discharge and loading terminals were expanded. The commissioning of the heating furnace at the Aman OPS made it possible to transport West Kazakhstan oil through the Kenkiyak-Atyrau oil pipeline in reverse mode in the volume of up to 6 million tons per year.

Since 2006 KTO has managed oil freight flows in 11 regions of Kazakhstan, having implemented the project on implementation of SCADA system of supervisory control and management of freight flows.

In 2008, KTO completed a deal to acquire a full stake in Batumi Industrial Holdings Limited. Thanks to this deal foreign oil transportation assets in the Black Sea were acquired for the first time.

Aware of its responsibility to its employees, KTO pursues weighted and balanced social policy aimed at business sustainability, social stability in the regions where it operates and employee satisfaction with working conditions. In order to improve social well-being and maintain a healthy lifestyle, as well as to organize leisure activities for rotational workers at the company’s production facilities, in 2022 KTO began implementing a project to build 12 multi-purpose sports grounds.

For over two decades, the company has been providing services of fresh water supply to consumers in Mangystau and Atyrau regions through one of the longest in the world main water pipeline Astrakhan – Mangyshlak.

In the context of constantly changing market conditions, the company’s priorities invariably remain occupational safety and health, environmental friendliness and business efficiency, based on the use of innovation and new technologies.