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September 2010|1 - KazEnergy

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10<br />

aSSOCiaTiON aT ThE CENTEr<br />

Of ThE iNDuSTry DialOguE<br />

The Kazenergy associaTion of oil-gas and energy was esTablished on 2<br />

november 2005 as an independenT, non-commercial union of legal enTi-<br />

Ties.<br />

since iTs esTablishmenT, The associaTion has been able To posiTion<br />

iTself as a significanT innovaTor of soluTions and sTeps direcTed Towards<br />

ensuring The indusTry’s sysTemaTic developmenT. iT has creaTed<br />

mechanisms of inTeracTion wiThin and beTween privaTe businesses and<br />

The sTaTe, and also aT The level of corporaTions.<br />

SigNifiCaNCE Of ThE aSSOCia-<br />

TiON fOr ThE iNDuSTry<br />

Today the KAZENERGY Association consists<br />

of over 40 of Kazakhstan’s largest oil-gas and<br />

energy companies.<br />

Among them are the most significant investors<br />

and extracting companies operating today<br />

within the country’s oil-gas, mineral and energy<br />

complex. The companies that belong to<br />

the Association are the basis of the economy<br />

of Kazakhstan.<br />

The Association’s member companies provide<br />

more than 60% (or 5.4 trillion tenge – more<br />

than $36.5 billion) of the Republic’s industry<br />

output, which totals 8.92 trillion tenge, as<br />

calculated at the end of last year. In 2006,<br />

enterprises led by the Association’s member<br />

companies formed approximately 52% of the<br />

total volume of the Republic’s industry output.<br />

In total, KAZENERGY member companies<br />

boast more than 100 thousand workers.<br />

Member companies of the Association<br />

achieved 61% of export revenue in 2009. In<br />

2006, KAZENERGY members provided 43.2%

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