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History of establishment

AksaiGasPromEnergo SC is one of the power industry agents in Burlinsky district of the West-Kazakhstan Region. History of the company's development goes hand in hand with the development history of Aksai and Karachaganak oil-gas-condensate field in the west of Kazakhstan.

Company AksaiGasPromEnergo was established by Kazakh Gas Production Department (hereinafter GPD) as a small enterprise, based on the chief power engineer service in October of 1990. The functions of the enterprise included performance of production objectives on Karachaganak field as part of Kazakh GDP and provision of uninterrupted power supply to drilling rigs, complex gas treatment units, and operational bases. The functions of small enterprise "AksaiGasPromEnergo" also included provision of technical water to drilling rigs, for injection into formation, fire-fighting, pipeline pressure testing, etc.

In the course of Karachaganak field development the company with the participation of Kazakh GDP built new districts of Aksai that had many-storied, nice-looking and comfortable apartment buildings, kindergartens, schools and stores. All of them required quality maintenance and therefore this job was assigned to AksaiGasPromEnergo after completion of construction. It was at that time when the united staff of qualified specialists, loving their job and performing it conscientiously, emerged.
In the course of Aksai development production activities of AksaiGasPromEnergo became to focus on such important branches of infrastructure as: power supply, heating, water supply, sewage facilities.

In 1997 the former KarachaganakGasProm was transformed into an open stock company AksaiGasPromEnergo based on the resolution of the Department for State Property Management "On reorganization of KarachaganakGasProm SC". However, in spite of corporization, the recession of 1995-1999 had its impact on AksaiGasPromEnergo as well. Global default of payments and constantly accruing debts to suppliers made it difficult to perform the required maintenance of process equipment in full. The company constantly suffered losses.

In April 1999 a 100% of voting stock was sold at an open auction performed by the West-Kazakhstan Regional Committee for the State Property and Privatization. From December of 1999 as per the decision of AksaiGasPromEnergo SC shareholders, the company joined the group of companies "Condesate". That led to changes in management, HR management principles, property management, financial management, etc. As a result of these changes the company, for the first time in its history, became profitable. Received revenue was invested in the company's development. The debts to the tax budget, multi-million debts to pension funds developed from 1997 to 1999, and debts to suppliers were paid off. AksaiGasPromEnergo's industrial base was established on the basis of the motor pool in Aksai. Company procured additional specialized equipment. The company equipped itself with computer hardware; accounting and sale became fully automated.

These changes that have happened to the company for the last two years are a direct consequence of the company's joining the group of companies Condensate. AksaiGasPromEnergo SC staff has joined the many-thousand staff of the group becoming a part of it. This gave an impulse to further development of the company. Many services of AksaiGasPromEnergo SC, such as: the legal service, financial service, HR service are interacting with the similar services of the group of companies. Thus the staff of these services exchanges useful experience. Some new joint projects with other companies of the group emerge.

Currently AksaiGasPromEnergo SC is actively participating in business and other activities as the power and water supply market entity in Burlinsky region of the West-Kazakhstan Region.