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CNPC-Aktobemunaigas

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uuid003dt6i

Namestring
CNPC-Aktobemunaigas
Legal namestring
Акционерное общество «СНПС-Актобемунайгаз»
Websiteurl
cnpc-amg.kz
Company typeenum
Private
Founded yearstring
-
Descriptiontext

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.

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersAktobe, Kazakhstan
HQ citystring
Aktobe
HQ countrystring
Kazakhstan
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
oil and gas production, crude oil extraction, liquefied petroleum gas, hydrocarbon exploration, subsurface use operations
NAICS code2 codes
  • Crude Petroleum Extraction21112
  • Natural Gas Extraction211130
SIC code1 code
  • Crude Petroleum & Natural Gas1311
Product category
Oil and Gas Production
Social media profiles1 record
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Operations, Personnel, Infrastructure, Supply Chain, Technology or R&D
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

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.

Product and service3 records
1Crude oil and gas production operations
CategoryOil and Gas Production
Description

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.

2Liquefied petroleum gas (LPG) production
CategoryOil and Gas Production
Description

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.

3Petroleum refining support services
CategoryPetroleum Support Services
Description

Services supporting petroleum refining operations including laboratory work, quality control, and industrial safety management at the company's operational facilities in Kazakhstan.

Partnership2 partners
1KazMunayGas (QazaqGaz)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-01-01
Description

The 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.

2China National Petroleum Corporation (CNPC)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2004-01-01
Description

CNPC 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.

cnpc-amg.kz
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight3 records

Each record includes

Type, Description

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

CNPC-Aktobemunaigas

Oil and Gas Productioncnpc-amg.kz

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.

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

Location

Headquarters

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 offering

Core 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 profile

Segments2 records

Ideal customer profiles2 records

CNPC-Aktobemunaigas technology and API

Technology

Technology 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 signal

Partnerships

Two partnerships are on record, tiered core.

  • KazMunayGas (QazaqGaz)coreStrategic or Co-development Partner · 1 January 2023The 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)coreStrategic or Co-development Partner · 1 January 2004CNPC 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 assessment

Market position

Weaknesses5 records

Competitive moat4 records

Customer concentration

CNPC-Aktobemunaigas social profiles

Digital presence

CNPC-Aktobemunaigas financial estimates

Financial estimate

Revenue estimate

Valuation estimate

CNPC-Aktobemunaigas leadership team

Management profile

Number of profiles

Profiles1 record

CNPC-Aktobemunaigas funding detail

Funding detail

Funding 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 investment

M&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.

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