CNPC-Aktobemunaigas
CNPC-Aktobemunaigas is a Kazakhstani-Chinese joint venture that produces crude oil, natural gas, and LPG from the Zhanazhol, Kenkiyak, and Kumkol fields in the Aktobe region, supplying CNPC and Kazakhstan's domestic market.
- Company typePrivate
- Founded-
- HeadquartersAktobe, Kazakhstan
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What CNPC-Aktobemunaigas does
CNPC-Aktobemunaigas is a Kazakhstani joint-stock oil and gas exploration and production company operating as a strategic subsidiary of China National Petroleum Corporation (CNPC). It conducts upstream operations under subsurface use contracts at the Zhanazhol oil and gas condensate field and the Kenkiyak (Kenkiyakneft / NGDU "Kenkiyakneft") and Kumkol oil fields in the Aktobe region of western Kazakhstan, producing crude oil, natural gas, and liquefied petroleum gas (LPG). The company is positioned as the first project on the Belt and Road energy corridor and represents a flagship Sino-Kazakh energy partnership, with operational headquarters in Aktobe and a representative office in Nur-Sultan (Astana).
The company applies scientific and technical field-development methodology, including geological modeling and reservoir management, to optimize extraction at mature fields. Its core technology centers on conventional upstream oil and gas production with LPG as a stable byproduct. Revenue generation is driven by crude oil offtake through long-term agreements with its CNPC parent and Kazakhstani state energy entities, plus domestic LPG supply that addresses Kazakhstan's import dependence. The firm employs 5,001–10,000 staff and trades under KASE ticker AMGZP. Dividend distributions (e.g., KZT 5,241,925,250 for FY2024) signal a cash-generative operating model tied to international commodity pricing rather than disclosed internal pricing structures.
Distribution is conducted exclusively through direct offtake to CNPC and Kazakhstani state energy companies; the firm maintains no public pricing model. Corporate governance follows Kazakhstani joint-stock company law, with an annually elected Board of Directors (re-elected on February 24, 2025) and a General Director (Wei Yuxiang, appointed November 6, 2018). Operations are concentrated geographically in Central Asia, with all output flowing into the CNPC value chain for export to China via the Atasu-Alashankou pipeline corridor and into the domestic Kazakhstani LPG market.
CNPC-Aktobemunaigas firmographics
Firmographics- Name
- CNPC-Aktobemunaigas
- Legal name
- Акционерное общество «СНПС-Актобемунайгаз»
- Website
- https://cnpc-amg.kz
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- CNPC-Aktobemunaigas is a Kazakhstani-Chinese joint venture that produces crude oil, natural gas, and LPG from the Zhanazhol, Kenkiyak, and Kumkol fields in the Aktobe region, supplying CNPC and Kazakhstan's domestic market.
- Ownership category
- akta.pro rank
Where CNPC-Aktobemunaigas is headquartered
LocationHeadquarters
- HQ city
- Aktobe
- HQ country
- Kazakhstan
- HQ region
- Asia
Offices2 records
Markets served
CNPC-Aktobemunaigas business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
Distribution channels1 record
CNPC-Aktobemunaigas product offering
Product offeringCore offering
CNPC-Aktobemunaigas is a Kazakhstani-Chinese joint venture oil and gas company that explores for and produces crude oil, natural gas, and liquefied petroleum gas (LPG) from subsurface-use-contracted fields in the Aktobe region of Kazakhstan, including the Zhanazhol oil and gas condensate field and the Kenkiyak and Kumkol fields. It supplies crude oil primarily to its CNPC parent company through long-term offtake arrangements for export to China, and supplies LPG to the domestic Kazakhstan market.
Product overview
AO 'SNPS-Aktobemunaigas' is a Kazakhstani-Chinese joint venture oil and gas company operating in the Aktobe region of Kazakhstan. The company operates under subsurface use contracts, conducting oil and gas exploration and production at the Zhanazhol oil and gas condensate field and other fields including Kenkiyak. The company's core activities include crude oil production, natural gas processing, and liquefied petroleum gas (LPG) production. The company is structured as a strategic partnership between CNPC (China National Petroleum Corporation) and Kazakhstani state interests, functioning as a first project on the Belt and Road Energy Corridor.
Differentiator
Problem solved
Functional benefit
Products and services
- Crude oil and gas production operations Oil and gas exploration and production at the Zhanazhol oil and gas condensate field and Kenkiyak oil fields under subsurface use contracts in Kazakhstan; crude oil is supplied primarily to parent company CNPC for export to China via the Kazakhstan-China pipeline corridor.
- Liquefied petroleum gas (LPG) production Stable production of liquefied petroleum gas as a byproduct of oil and gas operations, supplied to the domestic Kazakhstan market to reduce national LPG import dependence.
- Petroleum refining support services Services supporting petroleum refining operations including laboratory work, quality control, and industrial safety management at the company's operational facilities in Kazakhstan.
Companies that use CNPC-Aktobemunaigas
Customer profileSegments2 records
Ideal customer profiles2 records
CNPC-Aktobemunaigas technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature1 record
CNPC-Aktobemunaigas partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- KazMunayGas (QazaqGaz)coreThe NTs (Scientific Center) of AO NK QazaqGaz began cooperation with the Research Institute of Oil Exploration and Development of CNPC, according to 2023 announcements on the company website. The company also collaborates with KazMunayGas on oil transport pipeline expansion projects (Kengkiyak — Atyrau and Kengkiyak – Kumkol). These partnerships position Kazakhstan's state energy companies as key counterparts in the JV's operational and strategic framework.
- China National Petroleum Corporation (CNPC)coreCNPC is the strategic investor and controlling shareholder in the joint venture AO SNPS-Aktobemunaigas (CNPC-Aktobemunaigas). CNPC's investment represents the first project on the Belt and Road energy corridor, reflecting over two decades of strategic cooperation between China and Kazakhstan. CNPC provides capital, technology, and expertise, while the JV operates Kazakhstan's oil and gas fields in the Aktobe region.
Recent moves6 records
Expansion highlights3 records
CNPC-Aktobemunaigas competitors and assessment
Company assessmentMarket position
Weaknesses5 records
Competitive moat4 records
Customer concentration
CNPC-Aktobemunaigas social profiles
Digital presenceCNPC-Aktobemunaigas financial estimates
Financial estimateRevenue estimate
Valuation estimate
CNPC-Aktobemunaigas leadership team
Management profileNumber of profiles
Profiles1 record
CNPC-Aktobemunaigas funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CNPC-Aktobemunaigas M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CNPC-Aktobemunaigas
What does CNPC-Aktobemunaigas do?
CNPC-Aktobemunaigas is a Kazakhstani-Chinese joint venture oil and gas company that explores for and produces crude oil, natural gas, and liquefied petroleum gas (LPG) from subsurface-use-contracted fields in the Aktobe region of Kazakhstan, including the Zhanazhol oil and gas condensate field and the Kenkiyak and Kumkol fields. It supplies crude oil primarily to its CNPC parent company through long-term offtake arrangements for export to China, and supplies LPG to the domestic Kazakhstan market.
Is CNPC-Aktobemunaigas a public or private company?
CNPC-Aktobemunaigas is a private company. It is classified as public and is currently operating.
When was CNPC-Aktobemunaigas founded?
CNPC-Aktobemunaigas was founded in -1. It employs 5,001 to 10,000 people.
Where is CNPC-Aktobemunaigas based?
CNPC-Aktobemunaigas is headquartered in Aktobe, Kazakhstan, in the Asia region.
Does CNPC-Aktobemunaigas have an API?
No public API is recorded for CNPC-Aktobemunaigas.