Kazakh leader receives KazMunaiGas Chairman of Board

28 August, 2018 15:31

During the meeting, the Head of State heard an information about the mainresults of the national company's activities for the first half of the year andplans for the near future.

Besides, Nursultan Nazarbayev has noted KazMunaiGas JSC is one of the Kazakhstanilargest production holdings, which is represented in all oil and gas projects,and stressed the need to use the company's potential for further development ofthe energy sector.

Currently KazMunaiGas has reached a certain level ofdevelopment and is at the stage of transformation, which includes optimizationof the structure, digitalization of technological processes and preparation forentering the IPO, " the President of Kazakhstan announced.

Besides Sauat Mynbayev reported the President on situationin the oil markets taking into account the impact of world energy prices on theformation of the company's profits.
A number of specific instructions was given by Nursultan Nazarbayev following the meeting.

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