Key indicators
25%
56%
82%
21%
9%
Geography
- UPSTREAM
- REFINING
- TRANSPORTATION
- PETROCHEMICAL
- OILFIELD SERVICES
- EXPLORATION
Upstream
KMG produces 25% of oil and condensate and 15% of gas in Kazakhstan. Production is carried out by 9 operating assets of KMG, as well as 3 megaprojects, where Chevron Corp, Exxon Mobil Corp, Royal Dutch Shell PLC, Eni SpA, TOTAL SA, Inpex Corp, CNPC, and LUKOIL act as partners.
The total volume of oil and gas condensate production in 2021 was 21.6 million tons or 444 thousand barrels per day. The shares of operating and mega-projects for production amounted to 64% (14 million tons) and 36% (7.7 million tons), respectively.
Until 2031, KMG plans to ensure a total oil production of 240 million tons
Refining
KMG controls four of the largest oil refineries in Kazakhstan and two in Romania. In 2021, the total processing volume was 18.9 million tons. KMG’s goal is to increase the depth of oil refining at Kazakh refineries up to 89% by 2031.
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