BAKU, Azerbaijan, July 20. The national gas company of Kazakhstan - QazaqGaz is working on entering the initial public offering (IPO), Trend reports with reference to the approved Integrated Plan for the development of the gas industry of Kazakhstan for 2022-2026.
QazaqGaz will invariably adhere to the high principles of ESG and corporate governance standards. In order to comply with these principles, the company intends to apply international best practices in doing business, protecting the environment, ensuring safe working conditions and developing human capital.
The implementation of new gas transportation projects will be carried out subject to the payback of the projects themselves and the presence of a synergistic effect for the company's activities within the framework of the Integrated Plan.
QazaqGaz aims to provide gas at a market price for the most profitable gas chemistry projects in gas chemistry and deep processing. The priority goals are the development of new energy and gas chemistry projects (production of methanol, urea, ammonia, granulated sulfur, blue hydrogen, and fertilizers).