1. Astana, 2011 Oil and Gas Ministry of the Republic of Kazakhstan «20 years of energy industry’s development of the Republic of Kazakhstan. Achievements. Problems. Prospects»

2. Slide 1 Recoverable reserves of liquid hydrocarbons and gas 19911996200120062010 Liquid hydrocarbons, мln. tons 3675,73168,02834,44422,35297,0 gas, bln. m 3 2932,13019,92424,72491,63300,0 * Mineral reserves’ balance state data of the RK

3. Oil world resources on 1 st January, 2011 (bln. tons) Slide 2 Источник: BP Statistical Review of World Energy June 2011 Proved oil reserves

4. Slide 3 Oil and Gas production 1991 (fact) 2011 (expected volume) 2020 (forecast) Oil (mln. tons) 25,280,4132,1 Gas (bln. m 3 ) 7,840,592,2 Including production of marketable gas (bln. m 3 ) 5,026,028,6

5. Slide 4 Current projects: 1 «Tengiz» oil field (Lukarco, KMG, ExxonMobil, Chevron) 2. «Kashagan» field (Agip Caspian Sea B.V., KMG Kashagan B.V., ConocoPhillips North Caspian Ltd., ExxonMobil Kazakhstan Inc., Inpex North Caspian Sea Ltd., Shell Kazakhstan Development B.V., Total E&P Kazakhstan) 3. «N» section (ConocoPhillips N Block B.V., MDK (Oil and Gas N Block Kazakhstan) GmbH, KMG) 4. «Zhemchuzhina» section (OMAN OIL, KMT, SHELL) 5. «Satpaev» section (KMG, ONGС Videsh Ltd.) 6. «Zhambyl» section (KMG, Korean national company) Planned projects: 1. «Abai» section (KMG, Statoil) 2. «Hvalynsk» oil field (KMG, «Lukoil» JSC) 3. «Central» oil field (KMG, «Lukoil» JSC, «Gazprom» JSC) Current and future projects

6. Gas utilization Slide 5 Oil and gas production and flared gas capacity dynamics for the period from 2006 to 2010.

7. Слайд 6 ПОЛЬША ГЕРМАНИЯ БЕЛАРУСЬ УКРАИНА РОССИЯ ИРАН ТУРЦИЯ ЧЕРНОЕ МОРЕ КИТАЙ СРЕДИЗЕМНОЕ МОРЕ РУМЫНИЯ 2 3 KAZAKHSTAN Узбекистан Туркменистан Кыргызстан Атырау Актау Баку БОЛГАРИЯ 1 Новороссийск Махачкала Нека Одесса Супса Джейхан Приморск Бутинге ЛИТВА Гданьск Курык Ескене Кенкияк Кумколь Кашаган Тенгиз Атасу Алашанькоу stana Atasu - Alashankou Eskene - Kuryk CPC 5 КCST KTI 5 Бургас Александруполис Самсун Броды Плоцк Влера Констанца Atyrau-Samara Самара 4 3 Current export route: 1 – Atyrau-Samarа 2 – Caspian pipeline consortium 3 – Kenkiyak-Kumkol-Atasu-Alashankou 4 – Aktau harbor (Makhachkala, Baku, Neka) Current export route: 1 – Atyrau-Samarа 2 – Caspian pipeline consortium 3 – Kenkiyak-Kumkol-Atasu-Alashankou 4 – Aktau harbor (Makhachkala, Baku, Neka) Planned export route: 5 – Kazakhstan Caspian system of transportation Planned export route: 5 – Kazakhstan Caspian system of transportation Pipeline infrastructure

8. Oil export Slide 7 млн. тонн Direction 1991 (fact) 2011 (expected level) 2020 (forecast) CPC- 28,052,0 Atyrau – Samara7,415,0 Aktau harbor (under the system of KaztransOil) 4,99,012,0 Kazakhstan – China- 11,020,0 Orenburg Gas refinery- 1,6- By railway0,77,411,0 Total amount:13,072,0110,0

9. Internal oil supply Slide 8 Cargo on the Oil refinery of the RK (thousand tons) 199920002001201020112020 Pavlodar642,01 128,02 021,94 777,44 646,36 000,0 PCOP3 382,03 050,03 464,24 587,74 672,26 000,0 Atyrau1 892,02 199,02 109,74 316,64 470,05 500,0 New bituminious factory ----- 1 000,0 Total amount:5 916,06 377,07 595,813 681,713 788,518 500,0

10. Domestic Gas supply Slide 9 Domestic consumption of natural gas for 1991, 2011 years and forecast for 2020 Name 1991 (fact) 2011 (expected) 2020 (forecast) Domestic gas consumption (bln. m 3 ) 4,59,221,5

11. Gasified areas map showing gas pipelines Territories gasified with natural gas Taldykorgan Uralsk Atyrau Aktau Aktobe Taraz Kostanai Astana Pavlodar Karaganda Ust-Kamenogorsk Petropavlovsk о. Балхаш Shymkent Kyzylorda Almaty Туркменистан Кыргызстан Китай Узбекистан 9 out of 14 regions of the RK gasified with natural gas 81,2% 89,4% 99,6% 39,8% 23,5% 51,8% 63,9% 48,3%58,6% 13,9% MG CAC MG Buhara- Ural MG KC Kungard Horgos MG BGR-TBA MGP Kaz-Kit MG B-B-Sh Slide 10

12. Investment projects of modernization and creation of the refineries and petrochemical plants Slide11  «Reconstruction and modernization of Atyrau Oil refinery», including «Construction of the aromatics production complex on the Atyrau oil refinery» (133 thousand tons a year - benzol, 496 thousand tons a year - paraxeyene); «Construction of the high refined complex on the Atyrau oil refinery»  «Reconstruction and modernization of Pavlodar PCP»  «Reconstruction and modernization of PCOP Oil refinery» (Shymkent Oil refinery)  «Construction of integrated chemical complex», including I phase – polypropylene production (500 thousand tons a year ); II phase – polyethylene prodction (800 thousand tons a year)  «Production of paving bitumen on Aktau plast refinery» (more than 400 thousand tons a year)

13. Thank you for your kind attention! Slide12