KazMunaiGas Exploration Production elects two new Board Members
Azerbaijan, Baku, Oct. 23 / Trend E. Kosolapova/
Kazakh KazMunaiGas Exploration Production (KMG EP) held an Extraordinary General Meeting of shareholders on October 22, where Yerzhan Znangaulov was elected as a new member of Board of Directors and Alastair Ferguson was elected an Independent Non-Executive Director, the company reported on Wednesday.
The new Board of Directors:
Daniyar Berlibayev - Chairman of the Board of Directors of KMG EP, First deputy chairman of the Managing Board for corporate development;
Timur Bimagambetov - Deputy Chairman of the Management Board for production and technical development at JSC NC KazMunaiGas;
Asiya Syrgabekova - Financial Director of JSC NC KazMunaiGas;
Yerzhan Zhangaulov - Head of legal service of JSC NC KazMunaiGas
Abat Nurseitov - CEO, Chairman of the KMG EP Management Board;
Philip Dayer - Independent Non-Executive Director;
Edward Walshe - Independent Non-Executive Director.
Alastair Ferguson - Independent Non-Executive Director.
Yerzhan Zhangaulov worked as managing director of Kazakh National Company KazMunaiGas. Was the chief executive on legal issues of KazMunaiGaz. Earlier he headed legal service and a personnel department in Presidential Administration of Kazakhstan, was the adviser of the vice-president of KazMunaiGas. Before that he held the post of head of Legal service department under the President's administration; worked as a consultant in the Legislation Department, Defense Department and Legal order of in the Front Office of Prime-Minister of the Republic of Kazakhstan.
Alastair Ferguson is developing his own energy advisory business to advise clients on Russian and Ukrainian Energy Business focusing on strategy development and developing new business. Statoil, Xenon Capital Partners and JKX Oil and Gas are among his clients. Earlier he was a Principal and CEO of Russia Energy Advisory, Moscow. He also was NED of JKX Oil and Gas and Senior Advisor to Xenon Capital Partners and worked as Executive Vice President, Gas and Power, Moscow.
KMG EP is among the top three Kazakh oil and gas producers. The overall production in 2012 was 12.2 million tons (an average of 247,000 barrels of oil per day) of oil, including the company's share in Kazgermunai, CCEL and PKI. The company's total consolidated volume of proved and probable reserves including shares in the associates, as at the end of 2012 was 204 million tons (1.5 billion barrels), out of which 148 million tons (1.1 billion barrels) relates to Ozenmunaigas and Embamunaigas.