• Natural Resources for Sustainable Development in Eurasia.

State-Owned Oil Enterprise Case Studies: KazMunayGaz

03 Jan, 2019 236

Eurasia Extractive Industries Knowledge Hub Expert Group

Summary :

In collaboration with NRGI, Eurasia Hub has recently implemented a research project on SOE transparency, accountability and governance focusing on 4 country cases: SOCAR in Azerbaijan, Kazmunaygaz in Kazakhstan, Gazprom in Russia and Naftogaz in Ukraine. Experts from each country worked on a respective case mentored by NRGI's advisor Patrick Heller. The paper describes the background, mandate and mission, as well as the institutional position of KazMunayGaz within the state system. It analyzes the accountability and transparency of the company and provides recommendations to follow up.

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