Asset Report
Mangistaumunaigaz Area
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Mangistaumunaigaz (MMG), a JV of NC KazMunaiGas (NC KMG), CNPC and PetroChina, operates 15 mature oil fields in west Kazakhstan. On average, MMG produced about 120,000 b/d in 2024-26, around 93% of which was from the Kalamkas and Zhetibai fields. This represented about 5% of Kazakhstan's gross liquids output in 2025. MMG is one of CNPC/PetroChina's largest and most valuable assets in Kazakhstan, alongside CNPC AktobeMunaiGas and Kashagan. Since 1997, the partners have invested in ...
Table of contents
- Summary
- Key Issues
- Kalamkas
- Zhetibai
- Overview
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Oil
- Historical production
- Current and future production
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Gas
- Key development metrics
- Oil
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Capital costs
- Key considerations
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Operating costs
- Overview
- Mineral Extraction Tax (MET)
- Liquids MET reductions
- Rent Tax on Export
- Oil Export Customs Duty (ECD)
- Corporate Income Tax
- Excess Profit Tax (EPT)
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Cash flow
- Export
- Domestic
- Gas price
- 2 more item(s)...
Tables and charts
This report includes the following images and tables:
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Index mapZhetibai fields mapKalamkas map
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Teplovskoye-Tokarevskoye GroupParticipationFields and producing horizonsHydrocarbon and reservoir qualityHydrocarbon and reservoir quality (continued)Discovery summaryReserves (2P) at 01/01/2027Production (2016-2025)MMG Area production profile
- 10 more item(s)...
What's included
This report contains:
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