Our Vision and Mission

Our vision is to be a leading provider of sustainable energy solutions. We aim to achieve this through innovation, collaboration, and a commitment to excellence.

Our Vision is to be a force for good in the world of energy, providing sustainable solutions that power progress and growth.
Our Mission is to deliver reliable and sustainable energy solutions that meet the needs of our clients, while maintaining the highest standards of safety, quality, and efficiency.

Sustainability and Responsibility

As a responsible corporate citizen, we are committed to minimizing our environmental impact and contributing to the development of the communities where we operate.

Environmental Responsibility
We prioritize sustainable practices by reducing waste, using renewable energy sources, and minimizing our carbon footprint.

Social Responsibility
We invest in programs that support education, healthcare, and community development, improving the lives of those around us.


Corporate Responsibility
We value integrity, transparency, and ethical conduct, and are committed to making a positive impact on the world.

ABOUT US

Karakudukmunay LLP is a dynamic and innovative oil and gas company with a focus on exploration, production, and distribution. We have extensive experience and a proven track record of delivering value to our stakeholders.

KARAKUDUKMUNAY LLP was founded in 2006 and represents the interests of the Republic of Kazakhstan and its people in the oil and gas industry. Karakudukmunay LLP is one of the national leaders in the oil and gas industry in Kazakhstan with full integration across the value chain.

Business Lines

We manage assets throughout the entire production cycle, from exploration and production of hydrocarbons to transportation, refinery, and service provision.

Upstream

Karakudukmunay LLP produces almost 20% of oil and condensate and 15% of gas in Kazakhstan. Production is carried out by 9 operating assets of KARAKUDUKMUNAY LLP, as well as 3 megaprojects, where Chevron Corp, Exxon Mobil Corp, Royal Dutch Shell PLC, Eni SpA, TOTAL SA, Inpex Corp, CNPC, and LUKOIL act as partners. The total volume of oil and gas condensate production in 2021 was 21.6 million tons or 444 thousand barrels per day. The shares of operating and mega-projects for production amounted to 64% (14 million tons) and 36% (7.7 million tons), respectively. Until 2031, KARAKUDUKMUNAY LLP plans to ensure a total oil production of 240 million tons

Transportation

The two oil transportation modes at KARAKUDUKMUNAY LLP are trunk pipelines and the marine fleet. In 2021, the consolidated volume of oil transportation through trunk pipelines to KARAKUDUKMUNAY LLP was 64,710 thousand tons. The total volume of sea transportation of oil in 2021 was 9,855 thousand tons.

Exploration

To replenish reserves, Karakudukmunay LLP is working on 14 exploration projects (6 onshore and 8 offshore) and is carrying out additional exploration at producing assets. According to the audit of the international independent consulting company DeGolyer & MacNaughton, prepared in accordance with international PRMS standards, KMG's proved plus probable hydrocarbon reserves (2P) as of December 31, 2021 was 645 mmtoe (4,983 million boe).

Oilfield Services

Karakudukmunay LLP coordinates service areas by maintaining the current level of production, developing new projects, and increasing competitiveness, and also takes into account its leading role in maintaining social stability in the regions of presence.

Petrochemical Industry

Karakudukmunay LLP is actively working to create a domestic petrochemical industry which is a new stage in the development of the national company. In 2022, the KPI plant for the production of polypropylene is launched. Also, together with international oil and gas companies, Karakudukmunay LLP is starting to implement projects for the production of butadiene and polyethylene.

Our Services and Products

At Karakudukmunay LLP, we offer a range of services and products to meet the needs of our clients.

Oil Refining
From crude oil to refined products, we manage every stage of the process to ensure quality and efficiency. Our state-of-the-art refineries utilize advanced technologies and processes to ensure maximum efficiency and environmental sustainability. From distillation to cracking, our team of experts manages every stage of the refining process to guarantee consistent quality and reliability. Whether it's diesel, gasoline, or other refined products, we strive to deliver products that meet the needs and expectations of our clients.

Well Drilling and Production
We use advanced technologies and processes to maximize the productivity and efficiency of our wells. Our experienced team of professionals works closely with clients to design and implement customized drilling and production plans that meet their unique needs and goals. From initial exploration and drilling to ongoing production and maintenance, we are dedicated to delivering high-quality results that exceed expectations.


Natural Gas Transportation
At Karakudukmunay LLP, we have extensive experience in natural gas transportation and are committed to ensuring safe and efficient delivery to our clients. Our team of experts works closely with clients to develop customized transportation plans that meet their specific needs and goals. We utilize the latest technologies and processes to optimize delivery and minimize environmental impact. Whether it's pipeline transportation or LNG shipping, we are dedicated to providing reliable and cost-effective solutions for our clients.


Our History and Milestone

Since our founding, Karakudukmunay LLP has achieved significant success and growth. We are proud of our achievements and look forward to building on them in the future..

2006 Karakudukmunay LLP was formed as a joint venture between Kazakh and foreign companies.

2015 We successfully completed our first drilling program, resulting in the discovery of a major oil field. 2020 We invested in new equipment and technologies to increase efficiency and reduce our environmental impact.