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New chairman elected to KMG Board of Directors

Oil&Gas Materials 6 May 2011 17:01 (UTC +04:00)
A new chairman has been elected to the KazMunayGas Board of Directors. "Alik Aidarbayev, the managing director for exploration and production at KazMunayGas, was elected chairman," a company's press release says.
New chairman elected to KMG Board of Directors

Kazakhstan, Astana, May 6 / Trend, A.Maratov /
A new chairman has been elected to the KazMunayGas Board of Directors.
"Alik Aidarbayev, the managing director for exploration and production at KazMunayGas, was elected chairman," a company's press release says.
KMG EP is among the top three Kazakh oil and gas producers.
The overall production in 2010 was 13.3mt (an average of 270kbopd) of crude oil, including the Company's share in Kazgermunai, CCEL, PKI and NBK.
The total volume of proved and probable reserves, as of late 2010 was 232mt (1.7bn bbl), including shares in the associates at about 2.2 bn barrels.

The company's shares are listed on the Kazakhstan Stock Exchange and the GDRs are listed on the London Stock Exchange.

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