National Company KazMunayGas JSC 2017 Annual Report with Sustainability Disclosures
The report highlights KazMunayGas's performance in 2017, during which the company transitioned toward an operating model and achieved a record oil production share of 23.4 million tonnes. Key developments included the modernization of the Pavlodar refinery, completion of the first phase of the Shymkent refinery upgrade, and the resumption of production at the Kashagan field. Financially, the group's revenue increased by 32% to 2,459 billion tenge, with net profit rising 44% to 520 billion tenge. On the sustainability front, the company reduced its lost time incidents by 18% and achieved first place in the environmental rating of oil and gas companies in Kazakhstan.
Company: National Company KazMunayGas JSC
Sector: Mining & quarrying
Country: Kazakhstan
Year: 2017
Type: Annual Report with Sustainability Disclosures
Pages: 258
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National Company KazMunayGas JSC
Annual Report
The report highlights KazMunayGas's performance in 2017, during which the company transitioned toward an operating model and achieved a record oil production share of 23.4 million tonnes. Key developments included the modernization of the Pavlodar refinery, completion of the first phase of the Shymkent refinery upgrade, and the resumption of production at the Kashagan field. Financially, the group's revenue increased by 32% to 2,459 billion tenge, with net profit rising 44% to 520 billion tenge. On the sustainability front, the company reduced its lost time incidents by 18% and achieved first place in the environmental rating of oil and gas companies in Kazakhstan.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Published
Mar 12, 2018
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Workplace Fatalities
Employees