It’s too early to talk about IPO of KazMunaiGas

Decisions on preparation to IPO of the Kazakh national oil and gas company KazMunaiGas (KMG) haven’t been made yet, the KMG’s press centre reported.

The company recalls in its press release, spread on Wednesday, that in accordance with the governmental decree №1027 ”On approval of Program to transfer shares of Samruk-Kazyna’s subsidiaries and dependent companies to the securities market”, dated September 8 of 2011, KMG was attributed to the 3rd echelon of companies – to the companies, which shares can be placed on the securities market after 2015.

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