The volume of oil transportation by sea of Kazpetrogas is 9.3 million tons per year
The total target production of Kazpetrogas until 2031 is 24 million tons
The total cost of Kazpetrogas petrochemical projects is more than 94 billion tenge
Kazpetrogas intends to increase the depth of oil processing in Kazakhstan's oil fields to 89% by 2031
LLP, “KAZPETROGAS” Production indicators:
million tons, volume of oil production
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%, share of oil and condensate production in Kazakhstan
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million tons, volume of oil transportation
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Strategy
In the next ten years, the development of Kazpetrogas will be ensured due to the growth of the resource base, the efficiency of current production, the extension of the value chain, the introduction of modern technologies and the reduction of the carbon footprint.
Our values
Kazpetrogas is led by a team of like-minded people united by the common goal of success, the tradition and culture of doing business, and the common values of Justice, Honesty, Development, Safety, and Responsibility.
Digitization
Digitization is aimed at promoting advanced technologies in “Exploration and production”, “Processing” using machine learning, artificial intelligence, corporate template for digitization in new assets. In addition, digital solutions contribute to the achievement of goals in the field of environmental responsibility.
Sustainable development
Kazpetrogas is one of the largest employers in Kazakhstan, the company employs more than 60,000 people
According to the results of 2020, the risk indicator of the rating of the company in the field of sustainable development is 28.4 points, which shows the strong position of Kazpetrogas in managing ESG risks.
Project management in the company
Effective planning and implementation of major projects plays a key role in value creation and determines the Company’s future financial results. The company strives to achieve a high level of maturity in project management in accordance with the best global standards and practices using the Stage Gate Process.
The decision-making model considers the division of powers between the investment committee and the main business lines. All projects are subject to internal expertise and comprehensive technical and economic evaluation. Implementation control and monitoring is carried out in a centralized information system.
A modern methodological base was introduced, as well as a process of centralized and continuous improvement of design personnel’s competencies was launched.