ASTANA, Kazakhstan, August 21. Transportation and sales expenses of Kazakhstan’s national company KazMunayGas in the first half of 2025 amounted to 146 billion tenge ($285 million), which is 10.7 percent higher than in the same period of 2024, Trend reports, citing KazMunayGas’s financial report for the first half of 2025.
The escalation was predominantly attributable to augmented
expenditures associated with the logistics, conveyance, and
warehousing operations of KMG Kashagan B.V. and KMG
International.
Concurrently, the fiscal contributions, excluding income tax,
totaled 282 billion tenge ($551 million), reflecting a contraction
of 6.8 percent. This decline is predominantly attributable to a
reduction in expenditures associated with the mineral extraction
tax levied on Ozenmunaygas, as well as the rent tax on crude oil
exports imposed on both Ozenmunaigas and Embamunaigas.
During the initial semester of 2025, the aggregate quantum of asset
impairment and exploratory expenditures culminated at 19 billion
tenge ($38 million). The primary determinant was the acknowledgment
of impairment concerning expenditures linked to the development of
a seawater desalination facility and its ancillary infrastructure
within the municipality of Zhanaozen, amounting to 21 billion tenge
($40 million).
