Kazakh company head appointed to its affiliated company

Feb. 27. Trend

E. Kosolapova

Kazakh company head appointed to its affiliated companyThe Kazakh Oil and Gas Company KazMunaiGas Exploration Production (EP KMG) appointed the General Director of its parent company KazMunaiGas (KMG) Lyazzat Kiinov as a member of the Company’s Board of Directors at an extraordinary general meeting of shareholders on Feb. 27, the company reported.

Meanwhile, board member Askar Balzhanov was relieved of his duties at the meeting.

KMG EP Board of Directors:

Sisengali Utegaliyev – Acting Chairman of the Board of Directors, NC KMG General Manager for Production

Lyazzat Kiinov – Chairman of the NC KMG Management Board

Alik Airbayev – Chief Executive Officer and Chairman of the KMG EP Management Board

Yerzhan Zhangaulov – General Manager for NC KMG Legal Affairs

Assiya Syrgabekova – NC KMG Chief Financial Officer

Philip Dayer – Independent Non-Executive Director

Paul Manduca – Independent Non-Executive Director

Edward Walshe – Independent Non-Executive Director

KMG EP Management Board:

Alik Aidarbayev – Chief Executive Officer and Chairman of the Management Board

Vladimir Miroshnikov – Deputy Director General

Abat Nurseitov – Deputy Director General for Production

Benjamin Fraser – Managing Director – Financial Controller

Malik Saulebay – Managing Director for Legal Issues

Eldan Salimov – Managing Director on Logistics and Contracts

Botagoz Ashirbekova – Director of the HR Department

KMG EP is among the top three Kazakh oil and gas producers. The overall production in 2010 was 13.3million tons of crude oil, including the Company’s share in Kazgermunai, CCEL, PKI and NBK. The total volume of proved and probable reserves, as at the end of 2010 was 232milliont (1.7billion bbl), including shares in the associates – about 2.2 billion barrels. The Company’s shares are listed on the Kazakhstan Stock Exchange and the GDRs are listed on The London Stock Exchange.