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Kazakhstan’s KazMunayGas pays out dividends for 2020

Oil&Gas Materials 5 August 2021 11:21 (UTC +04:00)
Kazakhstan’s KazMunayGas pays out dividends for 2020

BAKU, Azerbaijan, August 5

By Nargiz Sadikhova – Trend:

Kazakhstan’s KazMunayGas National Company has paid out dividends for 2020, Trend reports citing the company.

The overall dividend payment value amounted to 49.9 billion tenge ($118.2 million). The list of shareholding eligible to receive dividends was concluded as of May 4, 2021.

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

Joint Stock Company “National Company “KazMunayGas” was established by way of merger of “Kazakhoil” National Oil and Gas Company and “Oil and Gas Transportation” National Company pursuant to the Decree of the President of the Republic of Kazakhstan as of February 20, 2002.

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Follow the author on Twitter: @nargiz_sadikh

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