KazMunayGas sees rise in transportation and sales expenses in 1H2025

KazMunayGas sees rise in transportation and sales expenses in 1H2025

Shorouk Express


Oil&Gas
Materials
21 August 2025 16:19 (UTC +04:00)

KazMunayGas sees rise in transportation and sales expenses in 1H2025

Photo: KazMunayGas


KazMunayGas’s transportation and sales expenses in H1 2025 rose 10.7 percent to 146 billion tenge ($285M), driven by increased costs in loading, transportation, and storage for KMG Kashagan B.V. and KMG International. Taxes (excluding income tax) fell 6.8 percent to 282 billion tenge ($551M), mainly due to reduced mineral extraction and crude oil export rent taxes.

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