Samruk-Kazyna and Hungarian MOL Sector to Discuss Expansion of Cooperation in the Oil and Gas

Samruk-Kazyna and Hungarian MOL Sector to Discuss Expansion of Cooperation in the Oil and Gas

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20 May 2025

The Head of Samruk-Kazyna, Nurlan Zhakupov, met with Mr. Zsombor Marton, MOL Group Executive Vice President.

The parties discussed the prospects of cooperation in the oil and gas sector.

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MOL is Hungary’s largest oil and gas company. It is engaged in the exploration and production, transportation of hydrocarbons, as well as the operation of a network of main gas pipelines. It participates in the development of the Rozhkovsky gas condensate field.

In November 2024, the Fund’s portfolio company KazMunayGas NC and the MOL Group signed a cooperation agreement. The purpose of the document is to expand cooperation in the petrochemical field and joint exploration and production of hydrocarbons.