Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

The following article is an op-ed piece authored by Askhat Khassenov, Chairman of KazMunayGas (KMG), Kazakhstan’s national oil and gas company, who discusses how KMG is positioning itself as a strategic global energy player by forming key international partnerships, expanding and investing in its assets, while maintaining commitment to sustainability through renewable energy projects and carbon reduction goals.

As global energy markets undergo profound changes, Kazakhstan’s national oil and gas company, KazMunayGas (KMG), is positioning itself as a key international player through ambitious goals, global partnerships, and a clear commitment to sustainability and innovation.

Established in 2002, KMG is Kazakhstan’s leading vertically integrated energy company. It accounts for approximately 26% of the nation’s oil production, 56% of oil transportation, and 80% of refining capacity, underscoring its central role in Kazakhstan’s economic structure. But beyond domestic achievements, the company’s growing international collaboration and forward-looking sustainability strategy have become increasingly prominent.

KazMunayGas is presenting Kazakhstan’s importance in global energy markets through strategic international partnerships and investment in critical infrastructure.

KMG manages significant stakes in world-class oilfields such as Tengiz, Kashagan, and Karachaganak, operated in collaboration with global giants including Chevron, CNPC, CNOOC, Sinopec, and others. In addition to these well-established fields,