Kazakh KazMunaiGas has new head of Board of Directors
Azerbaijan, Baku, Oct. 9 / Trend E. Kosolapova/
Kazakh Oil and Gas Minister Sauat Mynbayev has been appointed as Chairman of the Board of Kazakh National Oil and Gas Company KazMunaiGas, Kazakh Sovereign Wealth Fund Samruk-Kazyna's protocol says.
Mynbayev will replace Samruk-Kazyna's Board Chairman Umirzak Shukeyev on this post.
Moreover, Samruk-Kazyna's Board of Directors appointed Nurlan Rakhmetov to represent interests of Samruk-Kazyna as the only shareholder of KazMunaiGas.
KazMunaiGas is Kazakhstan's national operator for hydrocarbon exploration, production, processing and transportation. Kazakh Sovereign Wealth Fund Samruk-Kazyna is the only shareholder of the company.