Need of use of potential of KMG for developments power sectors were declared by Nursultan Nazarbayev

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need of use of potential Joint-stock company "National company "KazMunayGaz" (KMG) for developments the energy sector were declared by the president of RK Nursultan Nazarbayev, the press service of the head of state reports.

"Nursultan Nazarbayev noted that JSC <0> Kazmunaygaz " is one of large production holdings Kazakhstan which is presented in all oil and gas projects, and emphasized need of use of capacity of companies for further developments the energy sector", - reported in Akorda on Tuesday following the results of a meeting of the president with the chairman of the board of KMG Mynbaev Sauat.

As it is noted by

, during a meeting the head of state was informed on the main results of activity the national companies for the first half of the year and plans for the near-term outlook.

"Today "Joint-stock company "National company "KazMunayGaz"" reached a certain level of development and is at a transformation stage that includes structure optimization, digitalization technological processes and preparation for an exit to IPO", - Nursultan Nazarbayev told.

Mynbaev Sauat also reported on the president on a situation in the oil markets in a context of influence of the world prices for energy resources on formation of profit of companies.

"Following the results of a meeting Nursultan Nazarbayev gave to

a number of concrete instructions", - is spoken in the message.

according to Mezhdunarodnoye information company Kaztag

Analysis
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Nursultan Nazarbayev
Last position: Member of council (Constitutional Council of Republic of Kazakhstan)
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Mynbaev Sauat
Joint-stock company National company "KazMunayGaz"
Main activity:Production of coke, oil products and nuclear materials
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