Kyrgyz Petroleum

The closed joint stock company "Kyrgyz Petroleum Company" (CJSC "KPC" or the Company) is subsidiary enterprise of OJSC "Kyrgyzneftegaz" (OJSC "KNG") who at present moment owns 100% of shares of the company. The company is engaged in production of oil products from oil and other types of raw materials and provides services in processing. At present the enterprise produces 3 types of production: gasoline, diesel, mazut. The refinery (oil refinery) of CJSC "KPC" is designed for processing of 500,000 tons of crude oil in a year and a little smaller volume of alternative raw materials, such as gas condensate, distillates and sub-standard oil products. The main partner of the Company is the enterprise - the owner of OJSC "Kyrgyzneftegaz". The list number of staff as of January 01, 2014 makes 193 persons. From them managers 23 persons (11.91%), specialist 26 people (13.47%), employees 3 persons (1.5%), workers 141 persons (73.05%). The management of the Company completely provided the quantitative and qualitative staff of the enterprise. CJSC "KPC" is one of the largest taxpayers of Jalal-Abad region. So, in 2013 the company paid about 94,7 million som of taxes and mandatory payments to the state treasury. Allocations to the KR State Social Fund made 7,7 million som. The superior body of management of the company is General shareholder meeting, with the right of decision-making on all questions of activities of the Company. Further on hierarchy of management there is a Board of Directors. The Board of Directors performs the general management of Company activities, except for the questions carried by the legislation to exceptional competence of general shareholder meeting. Daily company management is carried out by executive body, in the person of the president of the Company elected by Board of Directors.