KazMunayGas
Encyclopedia
KazMunayGas is the state-owned oil and gas company of Kazakhstan
. It was founded in 2002 by merging Kazakhoil and Oil and Gas Transportation.
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.
, was killed. On August 24, 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 August 27. 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. Earlier, in July, the singer Sting had cancelled a concert after he was briefed on the strike by Amnesty International
. Earlier in August, "a labor lawyer, Natalya Sokolova, was sentenced to six years in jail for 'organizing illegal gatherings'" at the smaller Karazhanbas field, which is also on strike. The two strikes were causing a 6% output drop in production, according to a company spokesman. On August 26, 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. On August 31, Interior Ministry spokesman Nurdilda Oraz said in the Kazakh capital, Astana
, that the police "did not associate" the "common crime" of Karabalayeva's murder with the 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. He worked as an engine driver for the company before being [apparent missing word in story] on July 27 this year." Into 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".
Kazakhstan
Kazakhstan , officially the Republic of Kazakhstan, is a transcontinental country in Central Asia and Eastern Europe. Ranked as the ninth largest country in the world, it is also the world's largest landlocked country; its territory of is greater than Western Europe...
. It was founded in 2002 by merging Kazakhoil and Oil and Gas Transportation.
Subsidiaries
Main subsidiaries of KazMunayGas are:- KazMunaiGas Exploration Production (AO)KazMunaiGas Exploration Production (AO)KazMunaiGas Exploration Production is a KazMunayGas-majority-owned oil and gas company operating in the Republic of Kazakhstan. The Company explores for hydrocarbons in Mangistau, Atyrau and Kyzylorda regions of Kazakhstan and is the second largest oil producer in the country based on 2006 annual...
(KMG EP) - onshore oil and gas exploration and production - TengizchevroilTengizChevroilTengizchevroil is a joint venture between Chevron , ExxonMobil , KazMunayGas and LukArco...
(20%) - oil joint venture with ChevronChevron CorporationChevron Corporation is an American multinational energy corporation headquartered in San Ramon, California, United States and active in more than 180 countries. It is engaged in every aspect of the oil, gas, and geothermal energy industries, including exploration and production; refining,...
, LukoilLUKoilLukoil/LUKoil ; ) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; ....
and other supermajors - KazTransOilKazTransOilKazTransOil is the national oil transporter in Kazakhstan accounting to 80% of all oil transported in the country. The company operates more than 6,400 km of oil pipelines and 3,140 km of water pipelines. KazTransOil is a subsidiary of KazMunayGas, the national oil and gas company of Kazakhstan....
- oil transportation- Port of Batumi - Georgian logistics company
- KazTransGas - gas transportation
- KazMunayGas Trade House - oil refining and marketing
- RompetrolRompetrolThe Rompetrol Group N.V. , is a Romanian oil company, that operates in many countries throughout Europe:unclear what "market share": refining? downstream? extraction? well services?*Romania - 2nd largest oil company, 40% market share...
(75%) - A Romanian oil company - Atyrau Refinery - oil refining
- Rompetrol
- Kazmortransflot - shipping by tankers
- KazMunayTeniz - offshore oil and gas exploration and production
- Atyrau International Airport
- Eurasia-Air Helicopter Company -helicopter services
- 'KazTransCom Telecommunications Company - telecommunication services
- KazMunaiGas Services Compass - Catering and Support Services
KazMunaiGas Exploration Production (AO)
KazMunaiGas Exploration Production (AO)
KazMunaiGas Exploration Production is a KazMunayGas-majority-owned oil and gas company operating in the Republic of Kazakhstan. The Company explores for hydrocarbons in Mangistau, Atyrau and Kyzylorda regions of Kazakhstan and is the second largest oil producer in the country based on 2006 annual...
has its equity listed in form of common shares and global depositary receipts on the Kazakhstan Stock Exchange and the London Stock Exchange
London Stock Exchange
The London Stock Exchange is a stock exchange located in the City of London within the United Kingdom. , the Exchange had a market capitalisation of US$3.7495 trillion, making it the fourth-largest stock exchange in the world by this measurement...
, respectively.
The company has stakes in LLP Kazgermunai JV, JSC Karazhanbasmunai and PetroKazakhstan Inc. Its two noted producing fields are Uzenmunaigas and Embamunaigas.
2011 strikes
In August, 2011, the company was four months into a wildcat strike at Uzenmunaigas. On August 2, Zhaksylyk Turbaev, a trade union member working for an oilfield service company in ZhanaozenZhanaözen
Janaozen or Zhanaozen , formerly known as Novy Uzen , is a town in the Mangystau Province of Kazakhstan located south-east of Aqtau city. The name of the town means "new river" in Kazakh. The population is 51,100 . The absolute location of Janaozen is latitude.- External links :*...
, was killed. On August 24, 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 August 27. Bulat Abilov
Bulat Abilov
Bulat Abilov was the Deputy Chairman of the Otan political party in Kazakhstan. He achieved this position following the death of Parliamentary Speaker and Deputy Chairman Marat Ospanov.- External links :* *...
, 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. Earlier, in July, the singer Sting had cancelled a concert after he was briefed on the strike by Amnesty International
Amnesty International
Amnesty International is an international non-governmental organisation whose stated mission is "to conduct research and generate action to prevent and end grave abuses of human rights, and to demand justice for those whose rights have been violated."Following a publication of Peter Benenson's...
. Earlier in August, "a labor lawyer, Natalya Sokolova, was sentenced to six years in jail for 'organizing illegal gatherings'" at the smaller Karazhanbas field, which is also on strike. The two strikes were causing a 6% output drop in production, according to a company spokesman. On August 26, 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
CITIC
Not to be confused with Citigroup, another large financial services company.Not to be confused with CIT Group, another large financial services company....
, also fired around 500 workers. On August 31, Interior Ministry spokesman Nurdilda Oraz said in the Kazakh capital, Astana
Astana
Astana , formerly known as Akmola , Tselinograd and Akmolinsk , is the capital and second largest city of Kazakhstan, with an officially estimated population of 708,794 as of 1 August 2010...
, that the police "did not associate" the "common crime" of Karabalayeva's murder with the 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. He worked as an engine driver for the company before being [apparent missing word in story] on July 27 this year." Into 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".