Asset structure

KMG’s significant assets include


Upstream

Mega projects

  • Tengizchevroil LLP (TCO) - 20%
  • Karachaganak Petroleum Operating B.V. - 10%
  • KMG Kashagan B.V. - 8.44%In October 2015, Samruk-Kazyna acquired a 50% stake in Kashagan with a right to purchase shares under an option agreement in 2020 and 2022. KMG and Samruk-Kazyna jointly hold 16.88% in Kashagan.

Operating assets:

  • JSC Ozenmunaigas - 100%
  • JSC Mangistaumunaigaz - 50%
  • JSC Embamunaigas - 100%
  • JV Kazgermunai LLP - 50%
  • PetroKazakhstan Inc. - 33%
  • JSC Karazhanbasmunai - 50%
  • Kazakhoil Aktobe LLP - 50%
  • Kazakhturkmunay LLP - 100%
  • KazMunayTeniz LLP - 100%

Midstream

  • JSC KazTransOil - 90%
    • Kazakhstan–China Pipeline LLP - 50%
    • MunaiTas North-West Pipeline Company LLP - 51%
    • OJSC Batumi Oil Terminal - 100%
  • Caspian Pipeline Consortium - 20.75% 19% via KMG and 1.75% via Kazakhstan Pipeline Ventures.
  • LLP NMSC Kazmotransflot - 100%
  • JSC KazTransGas - 100%
    • JSC Intergas Central Asia - 100%
    • Asia Gas Pipeline LLP - 50%
    • JSC KazTransGas Aimak - 100%
    • Beineu–Shymkent Gas Pipeline LLP - 50%
  • KazRosGas - 50%

Downstream

  • Pavlodar Refinery LLP - 100%
  • Atyrau Refinery LLP - 99.53%
  • PetroKazakhstan Oil Products LLP (Shymkent Refinery) - 49.72%
  • KMG International - 100%
    • Petromidia Refinery - 54.63%
    • Vega Refinery - 54.63%

Oilfield Services

  • KMG Nabors Drilling Company LLP - 49%
  • KMG Parker Drilling Company LLP - 49%
  • KMG Automation LLP - 49%