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Kazakhstan's national oil&gas company leads in Environmental Transparency Rating

Oil&Gas Materials 9 December 2020 13:35 (UTC +04:00)
Kazakhstan's national oil&gas company leads in Environmental Transparency Rating

BAKU, Azerbaijan, Dec. 9

By Nargiz Sadikhova - Trend:

KazMunayGas National Company maintains leadership among the Kazakh companies in Eurasian Environmental Transparency Rating of Oil and Gas Companies, Trend reports citing the company.

In turn, North Caspian Operating ranked second and Karachaganak Petroleum Operating ranked third.

The rating methodology has been tested through corporate practices and for the second year in a row, an internal rating is held among the subsidiaries and dependent entities of KazMunayGas, which is topped by Intergas Central Asia JSC with Embamunaigas JSC and KazTransOil JSC coming in the leading trio.

Viktor Chetverikov, Managing Director for National Rating Agency’s development Projects said that burgeoning competition among the rating participants for the leading positions as well as the active dialogue between representatives of the oil and gas industry and the public irrefutably demonstrate the efficiency of the impact the project makes on enhancing the transparency of the entire industry, particularly, with respect to disclosing environmentally significant information.

KazMunayGas (KMG) National Company is the Kazakhstan operator for exploration, production, refining, and transportation of hydrocarbons, representing the state interests in the oil and gas industry of Kazakhstan.

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