/KASE, February 28, 2025/ – National Company "KazMunayGas" JSC (KASE ticker – KMGZ) has announced the following:

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February 27, 2025

National Company KazMunayGas JSC ("KMG" or "Company"), Kazakhstan's national oil and gas company, announces its operating results for 2024.

Key operating highlights of 2024 compared to 2023:

• Proven and probable hydrocarbon reserves (2P) of KMG decreased by 2.4%, amounting to 716 mln tonnes of oil equivalent (toe);
• Oil and gas condensate production increased by 1.3%, reaching 23,837 thous. tonnes;
• Oil transportation volume rose by 3.9%, totaling 83,478 thous. tonnes;
• Hydrocarbons refining volumes at Kazakh and Romanian refineries amounted to 19,278 thous. tonnes, compared to 19,593 thous. tonnes in the previous period.

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Full version of the press release in Kazakh – see more

Full version of the press release in Russian – see more

Full version of the press release in English – see more

[2025-02-28]