KPO has published its sustainability report for 2012 Karachaganak Petroleum Operating B.V (KPO) has announced the publication of "Sustainability Report for 2012". The report presents KPO 2012 results and reflects the company's commitment to sustainable development.
"Advanced system for industrial safety, occupational safety and environmental protection, modern corporate governance practices, new technologies introduction in production processes, programmes improvement in personnel nationalisation and increasing local content’s share are key principles of sustainable development," KPO General Director Damiano Ratti said.
"KPO company aims to achieve new production heights for Karachaganak and Kazakhstani partners’ welfare", - Damiano Ratti said.
KPO produced 139.5 million barrels in oil equivalent of stabilised and non-stabilised liquid hydrocarbons, gas and fuel gas in 2012. The gas injection volume to maintain reservoir pressure was 8.6 billion cubic metres, which is roughly 49 percent of the total produced gas volume.
The certification body conducts annual surveillance audits for compliance with safety management system, HSE requirements of ISO 14001 and OHSAS 18001. KPO management is committed to provide a safe working environment for its employees and regularly require them to comply with safety regulations.
Employees can report on hazards, safe or unsafe behavior incidents observed during the work execution and make suggestions for improving the Health, Safety and Environment with HSE programme cards, introduced in 2011.
KPO has decreased the number of injuries in 2012compared to 2011. So, the complete exclusion of such incidents remains company’s main aim.
Since 1997, KPO’s investments volume in environmental protection was 239.4 million U.S. dollars. The company fully supports the government’s initiative for a "green economy" transition. Last year, Karachaganak gas utilisation figure was 99.87 percent, which is a world-class achievement.
Flaring up was only 0.13 percent of produced gas total volume, or 0.78 tones per thousand tones of mined raw materials in 2012. These figures comparison with the corresponding averages of world and European oil and gas companies shows KPO leadership in this field.
As the largest employer in the region, KPO is also meeting its obligations to protect the health of its employees and create long-term jobs with a competitive payment system. As was noted previously, KPO’s Kazakhstani employees now occupy 69 percent of all management positions and 95 percent of lower level management and qualified professionals. The result of ongoing work to replace foreign workers by Kazakhstani professionals is 93 percent of local in a total staff.
In general, since the FPSA entry into force, KPO has invested more than 168 million U.S. dollars in training and development of Kazakhstani professionals. The proportion of local content in KPO contracts for goods, works and services supply has reached 56 percent in 2012, which is 335 million U.S. dollars.
As a result of existing partnership over the years there has been erected a large number of new schools, kindergartens, hospitals, facilities and social amenities, hundred kilometres of roads.
To date, KPO total investment in WKO social infrastructure exceeded 270 million U.S. dollars. These achievements show how the principles of sustainable development are successfully integrating into all KPO areas.
