20 years ago by the Decree of the President and the Resolution of the government of the Republic of Kazakhstan on the basis of the Ministry of the oil and gas industry of the Republic of Kazakhstan the National oil and gas company "KazakhOil" was created. The company’s main objective is creation of the strong and competitive company capable to pursue a state policy in an oil and gas sector of Kazakhstan, to ensure energy security of the country and effective development of its oil and gas resources.
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