KazMunayGas EBITDA picking up steam with strong growth in 1H2025
KazMunayGas (KMG) reported an EBITDA of 1,142 billion tenge ($2,230 million) for H1 2025, up 16.1 percent, driven by higher revenues in oil and gas exploration, production, refining, and sales. The adjusted EBITDA, including dividends from joint ventures, rose 23.7 percent to 1,267 billion tenge ($2,475 million).
