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Kyrgyzneftegaz reports a net profit of 2.6 billion soms in 2023

in Economy / Kyrgyzstan - by


Kyrgyzneftegaz, the state-owned oil and gas company, has announced a net profit of 2.6212 billion soms for the year 2023. According to the State Property Management Agency, the company extracted 173 thousand tons of oil and 22 million cubic meters of natural gas last year.

In 2023, the company made tax payments of 1.477 billion soms to the state budget and 469 million soms to the Social Fund. Additionally, Kyrgyzneftegaz distributed dividends amounting to 857 million soms. In total, the company contributed 2.803 billion soms to the state treasury through various payments and dividends.

These financial results demonstrate the company's strong performance and significant contribution to the national economy. Kyrgyzneftegaz plays a crucial role in the country's energy sector and continues to uphold its position as a key player in the industry.