Head of KazMunayGas Meets with Executives of Several Companies in Seoul

Source Press Release
Company KazMunayGas 
Tags Strategy - Corporate, People
Date October 21, 2022

Magzum Mirzagaliyev, Chairman of the Management Board of JSC NC “KazMunayGas” (KMG), met with the management of DAELIM and Samsung Engineering in Seoul between 18 and 20 October.

During the meeting, the parties discussed cooperation in the petrochemical sector, including KMG's polypropylene and polyethylene projects.

“We commend DAELIM for its success in the oil and gas chemical industry with its significant polyethylene, polyisobutylene and biaxial-oriented polypropylene film production capacity, and as the leading EPC Company in South Korea, Asia and the Middle East. I would like to note that the Head of State Kassym-Jomart Kemelevich Tokayev pays special attention to development of the petrochemical industry. Systematic state support measures are currently provided to projects in this area in our country,” Mr. Mirzagaliyev emphasized during the meeting with DAELIM's management.

During the meeting with the management of Samsung Engineering, the Head of KMG highlighted its success as an international leading EPC Company providing a full range of engineering services, including feasibility studies, design, procurement, turnkey construction of industrial facilities in the oil and gas, petrochemical and other industries.

During the trip, Mr. Mirzagaliyev also visited DAELIM's production facilities and petrochemical complexes in Korea.

For reference:

Daelim (Daelim Industrial Co.) is a leading EPC Company in South Korea, Asia and the Middle East, comprising gas, oil refining, chemical and petrochemical industries, power plants, industrial and residential construction.

Samsung Engineering is a construction and project management (EPC&PM) company providing a full range of engineering services, including feasibility studies, design, procurement, construction and commissioning. It cooperates with major state-owned oil companies: Saudi Aramco (Saudi Arabia),  ADNOC (UAE) and  Sonatrach (Algeria). It has built the world's largest gas separation plant in Thailand and is building gas complexes in Saudi Arabia.

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