PASSPORTS OF ASSETS
KMG International NV
Name
KMG International NV
Official website of the company
www.kmginternational.com
Organizational form and start date of operation

KMG International N.V.

JSC NC KazMunayGas acquired 75% of the shares in Rompetrol Group (now KMG International or KMG) in 2007, and the remaining 25% in 2009.

Asset owner/(owners) and their shares

JSC NC KazMunayGas (100%)

Activity description

The Holding with a multi-level structure operating in the main areas:

- Trading and logistics;

- Oil refining and petrochemistry (Petromidia Refinery, Vega Refinery, petrochemical complex);

Retail sale of petroleum products through a network of gas stations, industrial services.

Status

Negotiations are underway to attract a strategic partner for joint business development.

Asset realization method

To be approved

ESG agenda

The overall approach of KMG International NV group to sustainable development/ESG takes into account many factors that have a significant impact on the Company’s activities and society as a whole. These include external trends affecting business, from climate change to economic growth or technological shocks, the UN Sustainable Development Goals, as well as the results of an internal risk assessment and the significant tasks identified by us.

As a major player in the oil and gas sector, KMG International NV group faces difficulties in addressing a wide range of external stakeholders with often divergent requirements, and for this reason, KMG International NV group uses appropriate frameworks and standards, including GRI, TCFD, IR, SASB, CDSB, IPIECA to ensure a holistic approach to ESG reporting.

Every year, KMG International NV group prepares a sustainability report, which is reviewed by the independent consultant Ernst & Young.

Teaser about the company www.kmginternational.com
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