Our goal is to create a strong, enduring company that can fulfill our value-led growth plan and provide significant, long-term returns for our investors. Our goal is to develop into a highly profitable independent oil and gas firm operating in Kazakhstan by wisely and sustainably expanding our operations, adding value for all of our stakeholders, and helping to meet the country’s energy demands.

Our approach is concentrated on maximizing the intrinsic value of our current assets while also pursuing the purchase of accretive assets to add cash flow, diversification, and high-caliber investment possibilities to the portfolio. The key to our approach is locating and managing the appropriate assets, where we can bring value. How we will do this is outlined in our top strategic priorities:

Capitalizing on the team’s experience and track record of successfully developing and growing energy businesses

Maintaining a prudent and disciplined financial structure

Engaging in strategic

Leveraging the value of our core assets

Mission and Vision

The Board of Directors of NCR Petroleum LLP decided on August 9, 2023, to approve the company’s development plan through 2032. By putting the goals into practice, the company will be able to create a sustainable gas market, optimize value along the entire supply chain, boost organizational effectiveness, and get ready for a profitable IPO. The concept for the development of the fuel and energy complex of the Republic of Kazakhstan, as well as the Long-term Strategy of the Fund, align with the primary energy program documents of the nation, form the foundation of NCR Petroleum LLP’s development strategy.

Company mission:

To guarantee the steady flow of profitable gas to raise the standard of living for the populace, strengthen energy security, and ease the country’s economy’s transition to sustainable energy sources.

Company Vision:

NCR Petroleum LLP is a very successful participant in Kazakhstan’s steady gas market, helping to optimize the sector’s appeal to investors and unleash the nation’s gas potential to foster societal prosperity. There are twelve development directions in the overall development strategy:

Creating a resilient gas market and fostering a culture of responsible consumption

Exploration and Production

Recycling (GPP)

Trading operations

GTS and UGS

GRS and the last mile

Downstream

Improvement of operational and investment activities

Development of competencies in the gas industry and building a highly competent organization (incl. STC)

Increasing the efficiency of the organization through the use of digital tools

Preparing the company for a successful IPO

Priority directions of development of the company’s ESG profile, including decarbonization.