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Riots in Kazakh Mangistau Region do not Affect Oil Production Volume |
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Saturday, 17 December 2011Kazakhstan's national oil company KazMunayGas (KMG) reports that, in spite of the riots in the Kazakh city of Zhanaozen of Mangistau region, all the structural units of the branch "Ozenmunaygaz" ("HMG") working in normal mode.
Members of the personnel of HMG did not participate in the riots, the press service of KMG reported.
According to preliminary data, a number of administrative buildings in the downtown, including the office of HMG was set on fire. At the present time to assess the extent of damage is not possible, it will be done later.
KMG officials take all measures to ensure the safety of production facilities. Strengthened protection areas and crafts.
KMG EP is one of three leaders in terms of oil production in Kazakhstan. The overall production of the company including shares in companies LLP "JV" Kazgermunai", CCEL (JSC" Karazhanbasmunai") and "PetroKazakhstan" in 2010 totaled 13.3 million tons (270 thousand barrels per day). Proved and probable reserves of KMG EP at the end of 2010 amounted to 232 million tons (1.7 billion barrels), and including shares in joint ventures, approximately 2.2 billion barrels.
The company's shares are listed on the Kazakhstan Stock Exchange and global depositary receipts - on the London Stock Exchange. in its IPO in September 2006, the company raised more than U.S. $ 2 billion. International Agency Standard & Poor's confirmed KMG EP's "BB +" in June 2011 and the corporate governance rating by GAMMA the level of "GAMMA-6" in September 2011. |
Saturday, 17 December 2011
Trend AZ
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