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Project Finance Award 2018

20 june 2019
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We are delighted to share some good news with you: KAZPETROL GROUP, a member of Kusto Group, has been announced as the winner of EMEA Finance’s Project Finance Award 2018 for “Best oil and gas deal”.

The EMEA Finance “Project Finance Awards” recognise the firms behind the most significant transactions taking place across Central & Eastern Europe, the Middle East and Africa. Now in their eleventh year, these awards celebrate the best deals transacted over the last calendar year. Award submissions are evaluated by an editorial committee, which then decides the winners in each category. Data obtained from relevant third parties is also used in the selection process.

“KAZPETROL GROUP’s ambition to be a ‘best-in-class’ energy provider and a national champion is certainly achievable. The company’s management team has a sound strategic vision for accelerating its business by employing the best technologies and innovative methods in exploration, mining and across its natural resources,” says Christopher Moore, publisher and CEO of EMEA Finance magazine.

“The firm’s access to international capital is helping to move plans forward,” adds Moore. “The USD $80m debt financing, provided as a senior secured loan from the EBRD, is a clear commitment to the vision set out by KAZPETROL GROUP. The funds will finance the associated petroleum gas utilisation technology programme, which includes on-site generation solutions.”

Our management team attended the award ceremony at the Project Finance 2018 Charity Dinner in London on 12 June. “KAZPETROL GROUP” was represented by Orazkhan Karsybekov, the Chairman of the Supervisory Board, Bakhyt Toguzbayev, General Director of “KAZPETROL GROUP”, Erzhan Tazabekov, Director of Finance, and Botagoz Umbetaliyeva, General Director Advisor.

In his personal blog Orazkhan Karsybekov, the Chairman of the Supervisory Board of “KAZPETROL GROUP stated: “I was delighted last week that KazPetrol was recently recognised at the EMEA Finance Awards, for our project introducing clean technology at our sites in the Kyzlorda region of Kazakhstan. I had the honour of attending the award ceremony in London to accept the prize on behalf of our company. This international recognition marks a milestone in KazPetrol’s progression since our founding in 2005 – I hope it is a taste of more to come”.

Information on EMEA Finance magazine:

EMEA Finance offers in-depth insights into the economies and financial markets of Central and Eastern Europe, the Middle East and Africa. Whether our readers are running a business or funding one, we aim to inspire them with compelling reports on the opportunities and challenges in this dynamic region via our bi-monthly magazine.

EMEA Finance magazine aims to be ‘an independent voice’ – one that speaks with the highest level of integrity and journalistic ethics – for the financial community, its customers, and its suppliers across the EMEA region.

EMEA Finance magazine is targeted to an executive-level audience that includes Chief Executive Officers, Chief Financial Officers and Chief Investment Officers. Finance and business professionals providing or using a wide array of banking services (including equity capital markets, debt capital markets, corporate and investment banking, and retail and transactional banking) will benefit not only from the magazine’s regular features but also from our in-depth and insightful cover and feature stories.

EMEA Finance is the complete source of information for the finance industry in the EMEA region. It is the only periodical dedicated exclusively to reporting the latest news, events and deals relating to the international finance industry. The key financial personalities who make things happen are regularly profiled, creating a platform for our audience to gain a deeper understanding of their peers and stay abreast of industry news.


                                  

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