/KASE, May 26, 2016/ – KazMunaiGas Exploration Production (Astana),
whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has
provided KASE with the following press release:
quote
JSC KazMunaiGas Exploration Production (“KMG EP” or “the Company”)
announces an update on the domestic supply pricing for the month of April 2016
which is the first month that KMG EP switched to an oil processing scheme.
According to preliminary data, net revenue achieved from the sale of all refined
oil products (net of all costs associated with marketing[1]) was approximately
28,000 Tenge per tonne of oil processed at Atyrau Refinery (ANPZ) and
approximately 42,000 Tenge per tonne of oil processed at Pavlodar Refinery
(PNHZ) for the month of April as a result of switching to the processing scheme.
The higher net revenue for April was due to the improved market conditions
driven by higher Brent oil prices and stronger light oil products output than
expected.
unquote
The full version of the press release –
http://www.kase.kz/files/emitters/RDGZ/rdgz_reliz_260516.pdf
[2016-05-26]