Strategy

The Development Strategy of JSC NC KazMunayGas for 2022-2031 was approved by the Board of Directors of the Company in November 2021.

One of the key priorities of the Company’s Strategy remains the integration of sustainable development principles into key business processes, as the Company is aware of the importance of its impact on the economy, the environment, and society. For the next ten years, the Company’s growth will be ensured by increasing the resource base, the efficiency of current production, lengthening the value chain, introducing modern technologies, and reducing the carbon footprint.

Business lines

We manage assets throughout the entire production cycle, from exploration and production of hydrocarbons to transportation, refinery, and service provision.

Strategic goals

  • The company risk rating in the field of sustainable development at the end of 2020 is 28.4 points, which demonstrates the strong position of KMG in managing significant ESG risks
  • The company risk rating in the field of sustainable development at the end of 2020 is 28.4 points, which demonstrates the strong position of KMG in managing significant ESG risks
  • Business diversification and product portfolio expansion.
  • Sustainability and progressive reduction of the carbon intensity of production.