New CEO of KazMunayGas shares his ambitious plans
The new CEO of KazMunayGas, Askhat Khassenov, gave his vision of the company’s future. Khassenov, who took the leadership of the key oil and gas company of Kazakhstan, in his interview for the Kazakhstanskaya Pravda, local broadsheet, emphasized the need to optimize corporate standards to hasten the processes and improve performance.
Founded in 2002, KazMunayGas has been a listed company since 2022, actively engaged in oil and gas exploration, production, processing, and transportation. In 2023, the company paid out a record 300 billion KZT (approximately USD 670 million) in dividends to its shareholders and contributed 1.2 trillion KZT (approximately USD 2.7 billion) in taxes to the national budget, demonstrating steady and dynamic economic growth.
In 2023, Kazakhstan produced a...