Report summaryKMK Munai operates the Kokzhide, Kumsai and Mortuk oil fields in the Precaspian basin. It is controlled by state-owned Chinese companies. In 2013, a majority stake was acquired by CNPC AktobeMunaiGas, the largest operator in Kazakhstan's Aktobe region.The three fields were discovered in the Soviet era, but were not developed until the 1990s. Oil production has increased steadily since 2013 and is expected to peak at more than 10,000 b/d. Kumsai and Mortuk contain heavy oil.KMK Munai ...
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