Информационно-аналитический центр нефти и газа

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KazMunaiGas Exploration & Production (“KMG EP” or “Company”) announces that its Board of Directors has resolved to merge its subsidiaries Zhondeu and Kruz into OzenMunaiService. The merger will help improve the management of the subsidiaries.
29 December, Wednesday KazMunaiGas Exploration & Production (“KMG EP” or “Company”) announces that its Board of Directors has resolved to merge its subsidiaries Zhondeu and Kruz into OzenMunaiService. The merger will help improve the management of the subsidiaries.

“The merger of our two subsidiaries that do the same job of well servicing and workover will help increase competitive advantage of the merged service rendering company, and will open up possibilities of entering new regions of our state”, says Mr Kurmangazy Iskaziyev,

In Mangistau region of Kazakhstan temporary price regulation is being introduced on  market of liquefied natural gas for 180 days
29 December, Wednesday In Mangistau region of Kazakhstan temporary price regulation is being introduced on market of liquefied natural gas for 180 days

In order to stabilize the situation in the wholesale and retail sale of liquefied natural gas markets by providing a break-even operation of producer and to exclude unproductive intermediaries and speculative "layers”, on the basis of Article 119 of the RK Entrepreneurial Code and the Rules of the introduction of a temporary state price regulation on individual product markets, and (or) for goods, works and services of individual market participants (approved by Order of the RK Minister of national economy from 16.06.2016, № 262) the Ministry of National Economy introduces a temporary state price regulation for 180 days, " the ministry states."

President BP announced that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project
28 December, Tuesday President BP announced that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project

President BP announced that together with the Egyptian Natural Gas Holding Company (EGAS), it has sanctioned development of the Atoll Phase One project which is an early production scheme that will bring up to 300 million cubic feet a day (mmscfd) gross of gas to the Egyptian domestic gas market starting in the first half of 2018.


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