Subscription to the Shares of JSC NC KazMunayGas under the Ongoing IPO to Have Been Completed
02.12.2022
Subscription to the Shares of JSC NC KazMunayGas under the Ongoing IPO to Have Been Completed

In accordance with the previously announced deadlines, Samruk-Kazyna JSC and JSC NC KazMunayGas (KMG) announce the end of accepting investor applications for the purchase of shares during the ongoing IPO of KMG on the exchange of the Astana International Exchange, AIX and on the Kazakhstan Stock Exchange (KASE). 

The distribution of shares between the investors who submitted and paid for the applications will be completed on December 7, 2022, after which the shares will be credited to the corresponding investor accounts. 

Persons who did not have time to submit applications during the subscription period will be able to purchase KMG shares on market terms after the opening of secondary trading on the Astana International Exchange (AIX) and on the Kazakhstan Stock Exchange (KASE), which is scheduled for December 8, 2022.

JSC National Company “KazMunayGas” (KMG) is the leading vertically integrated oil and gas company in Kazakhstan. KMG manages assets throughout the entire production cycle from exploration and production of hydrocarbons to transportation, processing and provision of specialized services, as well as participates in the development and implementation of state policy in the oil and gas industry. The company was founded in 2002. The KMG core assets include: 
Exploration and Production: Ozenmunaigas (OMG) – 100%, Embamunaigas (EMG) – 100%, Kazakhturkmunai (KTM) – 100%, KazMunaiTeniz – 100%, Urikhtau (UO) – 100%, Mangistaumunaigas (MMG) – 50%, Kazgermunai (KGM) – 50%, Karazhanbasmunai (KBM) – 50%, Kazakhoil Aktobe (KOA) – 50%, PetroKazakhstan Inc (PKI) – 33%, Tengizchevroil (Tengiz) – 20%, Karachaganak - 10%, Kashagan - 16.88%.
Transportation: KazTransOil – 90%, Kazakh-Chinese Pipeline (KCP) – 50%, MunaiTas – 51%, Batumi Oil Terminal – 100%, Caspian Pipeline Consortium (CPC) – 20.75%, Kazmortransflot – 100%. 

Processing and other: Pavlodar Oil Chemistry Refinery – 100%, Atyrau Refinery – 99.53%, PKOP – 49.72%, KMG International – 100%, Petromidia - 54.63%, Vega - 54.63%, KazRosGas – 50%, Kazakhstan Petrochemical Industries Inc. - 49.5%.