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Former Kazakh Oil Minister heads KazMunaiGas

Oil&Gas Materials 3 July 2013 15:45 (UTC +04:00)
Kazakhstan's former Oil Minister, Sauat Mynbayev, was appointed the new chairman of the board of NC KazMunaiGas JSC by the corresponding decree of the President of Kazakhstan Nursultan Nazarbayev, NC KazMunaiGas JSC reported.
Former Kazakh Oil Minister heads KazMunaiGas

Kazakhstan, Astana, July 3 / Trend D.Mukhtarov /

Kazakhstan's former Oil Minister, Sauat Mynbayev, was appointed the new chairman of the board of NC KazMunaiGas JSC by the corresponding decree of the President of Kazakhstan Nursultan Nazarbayev, NC KazMunaiGas JSC reported.

Mynbaev will replace Lyazzat Kiinov.

According to the report, the powers of the chairman of the board of NC KazMunaiGas JSC Lyazzat Kiinov were terminated under the instruction of the President of Kazakhstan and in accordance with the decision of the board of Samruk-Kazyna JSC.

Mynbaev was dismissed as Kazakhstan's Oil Minister by the decree of President Nursultan Nazarbayev on Wednesday.

Another presidential decree appointed Uzakbai Karabalin, who has been serving as the president of the Kazakh Institute of Oil and Gas since 2009, the country's Minister of Oil and Gas.

Sauat Mynbayev held the post of the Minister of Oil and Gas of Kazakhstan from March 2010 to July 2013.

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