Revenues of KazMunayGaz Increases in 2007

Business Materials 4 February 2008 18:35 (UTC +04:00)

Kazakhstan, Astana, 4 February / Тrend corr. K. Konirova / The revenues of Kazakhstan's national company KazMunayGaz increased by 5% in 2007, the company reported to Trend.

In 2007, the company's gross revenue amounted to 1.3 trln tenge (USD 11 bln). The net revenue comprised 226.7 bln tenge, an increase of 3.5%.

The increase in revenue occurred as the production plan was fulfilled and owing to favourable prices in the market.

The national company managed 190bln tenge of taxes into the budget of the country.