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Kazakhstan’s KazMunayGas acquires share in local company

Oil&Gas Materials 5 July 2022 11:16 (UTC +04:00)
Kazakhstan’s KazMunayGas acquires share in local company
Nargiz Sadikhova
Nargiz Sadikhova
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BAKU, Azerbaijan, July 5. Kazakhstan’s KazMunayGas National Company (KMG) has acquired a share in local PETROSUN LLP, Trend reports citing KMG’s statement.

The statement said that KMG now owns 49 percent of the shares of PETROSUN LLP, which is a Kazakh operator for the purchase of crude oil, refining into high-quality oil products, transportation and sale of oil products on the most profitable destinations in Kazakhstan and abroad.

KazMunayGas National Company (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.

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