The board of directors of Kom Munal too oil & Gas authorized a new long-term corporate development strategy through 2030 at the end of 2018. Kom Munal too oil & Gas will, in accordance with the agreement, set a benchmark for efficiency, manufactureability, and safety for other foreign businesses. Zhanaozen Oil Refinery has experienced tremendous success over the course of more than three years of development, solidifying itself as a significant player in the international oil and gas industry. The company is certain that it will be able to meet the Strategy’s objectives, including the requirement to produce 2 million tonnes of oil equivalent by 2025.

due to the modernization of oil refining assets, an increase in light oil product yield of up to 80% and refining depth indicators of up to 95%, as well as the simultaneous provision of proved reserves at a level of 15 years and their 100% annual reimbursement The firm is now dealing with new issues as a result of the high volatility of the energy markets and the evolving nature of the competition there. The updated strategy, which expands on the organization’s 2025 goal, places more of an emphasis on market positioning, increasing response to outside developments, and modernizing all crucial business processes. Kom Munal too oil & Gas Oil Field’s objectives through 2030 include creating a new generation of corporations and setting a global standard for oil refining.

By increasing output more quickly than the market and maximizing the profit per barrel produced, Kom Munal too oil & Gas hopes to maintain its ranking as one of the top 10 publicly traded oil and gas firms in the world. By improving the depth and yield of light petroleum product refining, expanding the petrochemical sector, maintaining its dominant position, and boosting its share of both existing and new product sales markets, the company will continue to strengthen the efficiency of value chain management. By managing its assets and portfolios successfully enough to earn a 15% return, Kom Munal too oil & Gas hopes to rank among the top firms in the world for return on invested capital by 2030.

Up to 2030, the company’s digital, cultural, operational, and organizational reforms served as the foundation for its development strategy for the Kom Munal too oil & Gas Oil Field. The Etalon operational management system was developed as part of operational transformation to guarantee system security and effective daily operations. Digital transformation will improve decision-making quality and speed through the use of technology. Kom Munal too oil & Gas’s organizational and cultural transformation will make it possible to quickly and easily create a working environment that encourages external cooperation.