The
history of "Condensate" Group of Companies begins in
1998. Due to rapid development of economy and oil-gas industry
in the region, several enterprises decided to unite and create
the group of companies. The goal of the union was to unite separate
enterprises that specialize in industrial and consulting services
for oil and gas industry.
The
inspiration for this was SC "Condensate". This company
was one of the first in Kazakhstan to put in production the technologically
unique oil-gas refining plant in Karachaganak oil-gas field.
Newly
founded companies, as well almost bankrupt enterprises founded
in USSR, joined "Condensate" Group of Companies during
hard times in Kazakhstan's economy.
The
history of existing "Condensate" Group of Companies
begins on January 25, 1999. On that date, representatives of several
companies of West Kazakhstan region signed the founding agreement
for the Board of Group of Companies.
While
in operation, the union has developed and successfully achieved
goals for the enterprise members and increased its membership
base.
This
union existed till January, 2002, when its member raised the question
of creating a more effective, corporate, administrative and managing
body. This union was supposed to form a single strategy for association's
development, set common partner relations and define financial
and management mechanisms of its development.
Realization
of this idea was embodied in the general agreement on joint activities,
signed by its members on January 9, 2002. The agreement defined
the form of a new union: Consortium ""Condensate"
Group of Companies".
Consortium
was formed by the following independent, equal in rights members:
Later,
on January 28, 2002, LLP "Stepnoj Leopard Ltd." and
LLP "Zhaikmunai" joined the consortium ""Condensate"
Group of Companies" as associate members in order to satisfy
their common interests with group enterprises and related agreements
were signed.
Due
to various reasons, these two companies left "Condensate"
Group of Companies - LLP "Stepnoj Leopard Ltd." in 2003,
and LLP "Zhaikmunai" in September, 2004.
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