March 03, 2015 6:14 AM ET

Oil, Gas and Consumable Fuels

Company Overview of KazTransGaz CJSC

Company Overview

KazTransGaz JSC, through its subsidiaries, engages in the transportation, distribution, sale, and storage of gas in the Republic of Kazakhstan. The company is also involved in the provision of technical services on gas pipelines; sweetening of gas; production of gas and gas condensate; construction and installation of pipelines; and repair and renewal, and modernization of gas pipelines. In addition, it issues Eurobonds; manages investment activities for development of gas fields; and provides consulting services related to research and development of gas industry projects. The company was founded in 2000 and is headquartered in Astana, the Republic of Kazakhstan. KazTransGaz JSC is a subsid...

19, Kabanbay Batyr Avenue

Astana,  

Kazakhstan

Founded in 2000

Key Executives for KazTransGaz CJSC

Chairman of the Management Board, Chief Executive Officer, General Director and Director
Age: 61
Deputy of General Director on Economics & Finance and Member of the Management Board
Managing Director of KazMunayGas
Age: 37
Deputy of General Director on Gas Marketing and Member of the Management Board
Compensation as of Fiscal Year 2014.

KazTransGaz CJSC Key Developments

KazTransGas and Gazprom Dobycha Kuznetsk to Produce Coalbed Methane

KazTransGas and Gazprom Dobycha Kuznetsk have signed a memorandum of cooperation in exploration and production of coalbed methane in Kazakhstan. The document provides for development of more effective technologies of coalbed production - from geological prospecting to commercial use. To achieve the goals of the project, the parties would exchange information, create joint ventures, and implement a pilot project for exploration and production of coalbed methane.

KazTransGas Reports Consolidated Earnings and Operating Results for the Period 2013

KazTransGas reported consolidated earnings results for the period 2013. The company reported net profit of KZT 51 billion ($327.9 million at the current rate) in 2013, 66% above target and up 80% from 2012. The company transported 110.14 billion cubic meters of gas through trunk pipelines, 1.03% over target and up 0.9% from 2012, when it carried 109.19 bcm. The company sold 11.998 bcm, up 3.6%, and gas exports were 15% over target at 2.409 billion cubic meters, up from 1.89 bcm in 2012.

KazTransGas JSC Appoints Kuanysh Zhylkyshiev as the Acting Deputy Director General

KazTransGas JSC announced the appointment of Kuanysh Zhylkyshiev as the acting deputy director general of the company. Zhylkyshiev will oversee the gas marketing issues. He previously held senior positions at the company. He was the deputy director of gas marketing department, and director of the department for management of distribution networks. In his new position, Zhylkyshiev will replace Aybek Baizakov, who moved to work at KazRosGas LLP. Before his recent assignment Zhylkyshiev served as head of the gas transportation and marketing directorate of NC KazMunaiGas JSC.

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