KazMunayGas
LeaveRussia detail: Continue Operations
KazMunayGas is the state-owned oil and gas company of Kazakhstan. It was founded in 2002 by merging CJSC Kazakhoil and CJSC Oil&Gas Transportation. Parent organization: Samruk-Kazyna ; Subsidiaries: KazTransOil, Tengizchevroil.
Business in Russia
In February 2023, the Kazakh state company sold LUKOIL a 50% stake in the Kalamkas-Khazar Operating company, which owns the licenses for these fields. Kazmunaygaz, sanctioned Russia's Lukoil continue work on joint projects.
Decision trail
Decision date 30/09/2023 · Reference ↗
Kazakhstan will buy tankers to transport oil around Russia. The national operator of Kazakhstan, KazTransOil JSC, announced an increase in tariffs for pumping Russian oil.
Status history since 2022
- 03/08/2026 — operating · Imported from KSE LeaveRussia
Exposure profile
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Energy, transport and commodity exposure, supplier/customer links in the region and sanctioned-party proximity.
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