KazMunayGas

Kazakh hydrocarbon field's shareholders membership changes

Kazakhstan’s “Kokel Munay” company received 50 percent of the subsoil use rights in "Bekturly Vostochnyi" in the Mangystau region of Kazakhstan, which follows from the supplement, signed to the contract between the Ministry of Energy of Kazakhstan, the Kazakh national oil and gas company "KazMunayGas" in 2015, Kazakhstan Stock Exchange (KASE) reported on its website.
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S&P forecasts deterioration of KMG's liquidity

Standard & Poor's Ratings Services affirmed its 'BB+' long-term corporate credit ratings on Kazakhstan-government-controlled vertically integrated oil company KazMunayGas NC JSC (KMG) and its core subsidiary KazMunaiGas Exploration Production JSC (KMG EP), said the message of the rating agency Apr.23.
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