KMG Corporate Center

About KMG Corporate Center

KMG Corporate Center is an internal unit of JSC NC KazMunayGas (KMG), Kazakhstan's state-owned national operator in the oil and gas industry. It handles trading, revenue activities, and consolidated financial reporting for the group, including sales of refined products and light petroleum products.

KMG is a vertically integrated company founded in 2002, managing the full hydrocarbon value chain: exploration, production, transportation, refining, and marketing. Key operations include oil and condensate production (26.2 million tonnes in 2025), oil transportation (83.3 million tonnes), and refining (21 million tonnes across Kazakhstan and international assets). Subsidiaries like Atyrau Refinery, Pavlodar Oil Chemistry Refinery, and KMG PetroChem support petrochemical development and oil processing.

In 2025, KMG reported revenue of 9,371 billion KZT, EBITDA of 2,393 billion KZT, with refining volumes up 9.5% year-over-year. The group participates in major projects like Tengizchevroil and holds significant stakes in refining (80% in Kazakhstan).

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