National company "KazMunayGaz" announces H1 2019 production and financial results

22.08.19 15:35
/KASE, August 22, 2019/ – National company "KazMunayGaz" (Nur-Sultan), whose securities are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press release of August 22, 2019: quote Joint-stock (JSC) National Company (NC) KazMunayGas ("KMG" or "KMG Group"), Kazakhstan's national vertically integrated oil and gas company, announces its operating and financial results for the first half of 2019 according to International Financial Reporting Standards (IFRS). Operating Highlights for the first half of 2019: - Oil and gas condensate production was down 0.5% year-on-year to 11,704 thous. tonnes (484 thous. barrels of oil per day2); - Natural and associated gas production was up 0.9% year-on-year to 4,160 mln m³; - Oil transportation increased by 5.0% year-on-year to 38,949 thous. tonnes; - Gas transportation was down 8.7% year-on-year to 50.1 bln m³; - Refinery volume was up 1.7% year-on-year to 9,998 thous. tonnes. Volume includes refinery volume in Kazakhstan of 6,670 thous. tonnes and KMG International ("KMGI") of 3,328 thous. tonnes in Romania. Total oil products production was up 1.6% year-on-year to 9,360 thous. tonnes; - Sales volume of crude oil produced by KMG was up 0.5% year-on-year to 11,641 thous. tonnes. unquote The full press release is available on KASE website: - http://kase.kz/files/emitters/KMGZ/kmgz_reliz_220819_2.pdf – in Russian; - http://kase.kz/files/emitters/KMGZ/kmgz_reliz_220819_eng_2.pdf – in English. [2019-08-22]