PRESS RELEASE
JSC «MNC «KazMunayTeniz» announces about the relocation of central office in Aktau city.
On November 19, 2012 theBoardofdirectorsofJSC «NC «KazMunayGaz» made a decision about location change of its affiliated companyJSC «MNC «KazMunayTeniz» (hereinafter referred to as — KMT).
Relocation of KMT in Aktau city is directed on the increase of productivity of seaside projects administration system of the Kazakhstan sector in Caspian basin, and also stipulated by the necessity of optimization of activity and JSC «NC «KazMunayGaz» management structure.
KMT anticipates that the location of central office directly in the place of seaside oil and gas operations implementation will sustainably foster the process of operationalmanagerialdecision-makingandhavethepositiveeconomicresult.
Central office of KMT will locate at the address: Aktau city, district 14, Business-center «The Star of Aktau».
For note:
JSC MNC «KazMunayTeniz» is established in March 14, 2003 and is completely affiliated company of JSC NC «KazMunayGas».