Private company

KazMunayGas

Logo: JSC National Company KazMunayGas, Public domain, via Wikimedia Commons4

State-owned oil and gas company of Kazakhstan

KazMunayGas (KMG; Kazakh: QazMūnaiGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging CJSC Kazakhoil and CJSC Oil&Gas Transportation.2 It is headquartered in Astana.1 It employed about 89,900 people in 2016.1 It is part of National Bank of Kazakhstan.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 20, 2026.

Overview

Feb 20, 2002Founded1
  • Industrypetroleum industry1
  • HeadquartersAstana1
  • Websitewww.kmg.kz
  • Legal formjoint-stock company1
  • Listed onAstana International Exchange (KMG), Kazakhstan Stock Exchange (KMGZ)1
  • LEI2138001H1M69RFJCSH883
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressD. KUNAYEV STREET, 8, Z05H9E8 Astana, Kazakhstan3
  • Registered withMinistry of Justice of the Republic of Kazakhstan, 0202400005553
Astana DSC04242 (7709918302)
Photo: jtstewart, CC BY-SA 2.0, via Wikimedia Commons6

KazMunayGas (KMG; Kazakh: QazMūnaiGaz, ҚазМұнайГаз) is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging CJSC Kazakhoil and CJSC Oil&Gas Transportation.2

Corporate structure

KazMunayGas sits at the top of its group. 10 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

What it owns

What KazMunayGas reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Stakes and holdings (Wikidata)

Things Wikidata records the company as owning, with the share when stated.1

The story

History

It was formed by the decree of the President of Kazakhstan dated February 20, 2002, through the merger of Kazakhoil CJSC and Oil&Gas Transportation CJSC. The Kazakhoil company was founded in 1997, and Nurlan Balgimbayev became its first president. From May 1997 to March 1999, Timur Kulibayev held the position of Vice President for Economics and Finance at Kazakhoil. In the summer of 2000, Kairat Satybaldy, a nephew of Nursultan Nazarbayev, who in 2002 took the position of Managing Director for Social Affairs, Strategic Planning and Telecommunications at KazMunayGas, became the Vice President of Kazakhoil.

In January 2023, a strategic partnership agreement was signed between JSC NC KazMunayGas and Abu Dhabi Ports Company. The parties expressed interest in cooperation in the development of the marine fleet and coastal infrastructure in the Caspian and Black Seas.

2011 strikes

In May 2011 KazMunayGas was hit by a strike of workers demanding higher wages and better conditions.

In August 2011, the company was four months into a wildcat strike at Uzenmunaigas. On 2 August, Zhaksylyk Turbaev, a trade union member working for an oilfield service company in Zhanaozen, was killed. On 24 August 2011, the 18-year-old daughter of an elected member of the strike committee was found dead and apparently murdered, according to the striker. Zhansaule Karabalayeva was found in the countryside near the oilfield in Western Kazakhstan with multiple injuries, according to her father, Kurdaibergen Karabalayev, in a telephone interview on 27 August. Bulat Abilov, an opposition politician, said "I don't think this is unconnected to the strike." "The local chief of police, quoted in a local paper, said the killing was not related to the strike. The company spokesman declined comment," according to one report.

On 31 August, Interior Ministry spokesman Nurdilda Oraz said in the Kazakh capital, Nur-Sultan, that the police "did not associate" the "common crime" of Karabalayeva's murder with her father's activities. In the same report, the KMG EP press office said the father was not the trade union chairman and had never been a strike activist but worked as an engine driver for the company until 27 July this year.

Also in August, a labor lawyer, Natalya Sokolova, was sentenced to six years in jail for 'organizing illegal gatherings' at the smaller Karazhanbas field, which was also on strike.

Earlier, in July, the singer Sting had cancelled a concert after he was briefed on the strike by Amnesty International.

These labour strikes were causing a 6% output drop in KazMunayGas production, according to a company spokesman.

Read the full text

On 26 August, KMG EP fired around 900 striking workers and replaced them with new recruits from the area. The company said that production at Uzen had stabilized. Karazhanbasmunai, a joint venture between KMG EP and China's Citic, also fired around 500 workers.

Until mid-September 2011, daily protests by angry protestors, many of whom used to work at Uzen, continued in Zhanaozen's main square "in a rare display of popular dissent".

The unrest has persisted, with violence erupting on independence day, 16 December 2011, killing 16 and leaving about 100 injured as police opened fire on the demonstrations. Army units and armoured personnel carriers were sent in by the Interior Ministry to quell the ensuing protests, which saw government and Uzenmunaigaz buildings set alight by demonstrators.

The labor conflict resulted in the resignation of KazMunaiGas EP Chief Executive Officer Askar Balzhanov on 22 Dec. President Nursultan Nazarbayev also replaced the head of parent company KazMunaiGaz National Co., Bolat Akchulakov, and fired his own son-in-law Timur Kulibayev, who headed the country's sovereign wealth fund.

From Wikipedia’s article on KazMunayGas, shared under CC BY-SA 4.0.5

Products and brands

  • gas
  • petroleum

Listed on Wikidata.1

Main subsidiaries of KazMunayGas are:

KazMunaiGas Exploration Production (AO) (KMG EP) – onshore oil and gas exploration and production

Tengizchevroil (20%) – oil joint venture with Chevron, Lukoil and Exxon-Mobil

KazTransOil – oil transportation

Read the full text

Port of Batumi – Georgian logistics company

KazTransGas – gas transportation. Gazprom is its principal customer, accounting for 64% of its consolidated revenue in 2011, down from 75% in 2010.

KazMunayGas Refining and Marketing – oil refining and marketing

Rompetrol (75%) – A Romanian oil company

Atyrau Refinery – oil refining

Kazmortransflot – shipping by tankers

KazMunayTeniz – offshore oil and gas exploration and production

Atyrau International Airport

Eurasia-Air Helicopter Company – helicopter services

KazMunaiGas Services Compass – Catering and Support Services

KazMunaiGas Exploration Production (AO) has its equity listed in form of common shares and global depositary receipts on the Kazakhstan Stock Exchange and the London Stock Exchange, respectively.

The company has stakes in LLP Kazgermunai JV, JSC Karazhanbasmunai and PetroKazakhstan Inc. Its two noted producing fields are Uzenmunaigas and Embamunaigas.

From Wikipedia’s article on KazMunayGas, shared under CC BY-SA 4.0.5

Subsidiaries and ownership

Parent company

Subsidiaries

Also owns

From Wikidata.1

Employees over time

  • 201689,9091

Timeline

  1. Feb 20, 2002Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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