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.
![](images/office3.jpeg)
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.
![](images/R12.jpg)
![](images/R10.jpg)