Kazakhstan’s KazMunayGas reports strong financials and investment growth

Photo: KazMunayGas (KMG)
Kazakhstan’s national oil and gas company, KazMunayGas, reported strong financial results for 2024, with free cash flow rising 18.4 percent year-on-year and significant contributions to the state budget. The company also lowered its debt ratio and maintained steady dividend payouts amid ongoing investments in regional infrastructure and development.
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