What Does KazMunayGas Do?

Total employees1121
HeadquartersAstana
Founded2002

KazMunayGas (KMG) is Kazakhstan's national vertically integrated oil and gas company, playing a crucial role in the country's economy. KMG's operations span the entire energy cycle, from geological exploration and hydrocarbon production to transportation, refining, and the provision of specialized services. The company represents the state's interests in the oil and gas sector, managing a diverse portfolio of assets both onshore and offshore in the Caspian Sea. It is committed to sustainable development, modernization of its facilities, and expanding its international presence, particularly through its KMG International subsidiary in Europe.

Where Is KazMunayGas's Headquarters?

HQ Function

Serves as the central strategic, operational, and corporate governance hub for the company's extensive oil and gas activities, including exploration, production, refining, transportation, and marketing. It oversees all subsidiaries and international ventures.

Notable Features:

A modern high-rise office building, part of the 'Emerald Quarter' (Izumrudnyi Kvartal) complex, known for its contemporary architecture and prominent position in Astana's new administrative and business center.

Work Culture:

Professional, results-oriented, and structured, reflecting its status as a major national state-influenced corporation. Emphasis on technical expertise, strategic national importance, and adherence to corporate governance principles.

HQ Significance:

Symbolizes Kazakhstan's sovereignty and strategic control over its vital oil and gas resources. It is the nerve center for decisions impacting the nation's energy sector, economic development, and international energy partnerships.

Values Reflected in HQ: National responsibility, technological advancement, strategic resource management, corporate stability, and a commitment to modern business practices.

Location:

KazMunayGas supports a wide range of functions globally, including upstream exploration and production primarily in Kazakhstan with international partnerships; midstream operations involving extensive oil and gas pipeline networks for domestic supply and export; and downstream activities, notably through KMG International (Rompetrol) which operates refineries and a retail fuel station network in Romania, Bulgaria, Moldova, and Georgia. KMG also engages in international trading of crude oil and petroleum products, and seeks strategic partnerships and investments abroad to enhance its market reach and technological capabilities. Its assets and projects extend to transportation routes through neighboring countries.

Street Address:

8 Dinmukhamed Kunayev Street, Yessil District

City:

Astana

State/Province:

Astana City

Country:

Kazakhstan

Where Else Does KazMunayGas Operate Around the World?

Atyrau, Kazakhstan

Address: Various operational offices and facilities within Atyrau city and region.

To manage and oversee oil and gas extraction, initial processing, and transportation logistics from Kazakhstan's major onshore and offshore fields in the Caspian region.

Aktau, Kazakhstan

Address: Key port and operational offices in Aktau.

Manages maritime logistics, oil loading and export operations, and supports offshore exploration and production activities.

Bucharest, Romania

Address: KMG International (Rompetrol) Headquarters, City Gate South Tower, 3-5 Piata Presei Libere, Sector 1, Bucharest

Manages refining, petrochemical, retail, and trading operations in Europe, serving as KMG's primary downstream and marketing arm in Romania, Bulgaria, Moldova, Georgia, and other Black Sea/Mediterranean markets.

Buying Intent Signals for KazMunayGas

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Who's Leading KazMunayGas? Meet the Executive Team

As of April 2025, KazMunayGas' leadership includes:

Askhat Khassenov - Chairman of the Management Board
Kuanysh Kudaibergenov - Deputy Chairman of the Management Board for Oil Transportation, International Projects and Saryarka Gas Pipeline Construction Project
Dmitriy Makeyev - Deputy Chairman of the Management Board for Corporate Center, Legal Support and Human Resources Management
Samat Kuanyshbekuly Kabdoshev - Deputy Chairman of the Management Board for Economics and Finance
Kurmangazy Iskaziyev - Deputy Chairman of the Management Board for Exploration and Production

Who's Investing in KazMunayGas?

KazMunayGas has been backed by several prominent investors over the years, including:

Samruk-Kazyna Sovereign Wealth Fund JSC (Majority Shareholder)
National Bank of Kazakhstan (on behalf of the National Fund of Kazakhstan)
JSC 'Jusan Bank' (as nominee holder)
Other minority shareholders via public listing on KASE and AIX

What Leadership Changes Has KazMunayGas Seen Recently?

Hire4
Exits2

KazMunayGas has seen key leadership changes in the past year, including a new Chairman of the Management Board and several Deputy Chairmen appointments, reflecting strategic shifts and ongoing development within the company.

Departures

Magzum Mirzagaliyev, Magzum Mirzagaliyev transitioned from his role as Chairman of the Management Board.
Dauren Karabayev, Dauren Karabayev resigned from his position as Deputy Chairman.

New Appointments:

Askhat Khassenov, Askhat Khassenov appointed as the new Chairman of the Management Board of KazMunayGas.
Dmitriy Makeyev, Dmitriy Makeyev appointed as Deputy Chairman focusing on corporate center, legal and HR.
Samat Kuanyshbekuly Kabdoshev, Samat Kuanyshbekuly Kabdoshev appointed as Deputy Chairman for Economics and Finance.
Kuanysh Kudaibergenov, Kuanysh Kudaibergenov appointed as Deputy Chairman overseeing oil transportation and major projects.

What Technology (Tech Stack) Is Used byKazMunayGas?

Discover the tools KazMunayGas uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

KazMunayGas Email Formats and Examples

KazMunayGas likely uses standard corporate email formats. Common patterns include [first_initial].[last_name] or [first_name]_[last_initial]. For general inquiries, specific departmental emails or contact forms on their official website are recommended.

[first_initial].[last_name]@kmg.kz

Format

a.khassenov@kmg.kz

Example

75%

Success rate

What's the Latest News About KazMunayGas?

kmg.kz (Official KazMunayGas Press Release)April 9, 2024

KazMunayGas Announces New Chairman of the Management Board

Askhat Khassenov has been appointed as the Chairman of the Management Board of JSC National Company KazMunayGas. This decision was made by the Board of Directors of KMG and approved by the primary shareholder, Samruk-Kazyna JSC. He succeeds Magzum Mirzagaliyev in this role....more

kmg.kz (Investor Relations)March 14, 2024

KazMunayGas Reports Financial Results for 2023

KazMunayGas announced its consolidated financial results for the year ended 31 December 2023. The company reported revenue of KZT 8,320 billion (a decrease of 4.3% year-on-year) and a net profit attributable to shareholders of KZT 959 billion (a decrease of 29.8%). Oil and gas condensate production increased by 6.9% to 23,532 thousand tonnes....more

ReutersMay 20, 2024

Kazakhstan may ship another oil cargo to Germany via Russia in June

Kazakhstan plans to ship another 100,000 metric tons of its KEBCO crude oil to Germany's Schwedt refinery via the Russian Druzhba pipeline in June. State firm KazMunayGas is responsible for these supplies....more

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