/KASE, September 5, 2023/ – Zhaikmunai LLP (Oral), whose bonds are officially
listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the
following press release dated September 4, 2023:
quote
Zhaikmunai LLP, a subsidiary of Nostrum Oil & Gas PLC ("Nostrum" or "the
Company" and together with its subsidiaries "the Group"), an independent oil and
gas company engaging in the production, development and exploration of oil and
gas in the pre-Caspian Basin, today announces the successful re-start of
Nostrum's state-of-the-art gas treatment unit 3 ("GTU-3").
Further to the Company's report on the GTU-3 re-start project status in its
operational update on the 22 August 2023, the Company is pleased to announce
that it has now safely and successfully completed the re-start of its c.$750 million
state-of-the-art GTU-3 gas plant, with 2.5 billion cubic metres per annum gas
processing capacity. The Company has completed the modifications and other
works on GTU-3 subsequent to its commissioning and startup in 2019. The plant
employs cutting-edge turbo-expander technology enabling improved efficiency in
the extraction of LPG; the upgrades also reduced the plant operating turndown
capacity. GTU-3 is operating as per design and delivering dry gas, LPG, and
condensate to sales specifications.
unquote
The complete press release is available on:
-
https://kase.kz/files/emitters/ZHMN/zhmn_relizs_040923.pdf – in Russian;
-
https://kase.kz/files/emitters/ZHMN/zhmn_reliz_040923_en.pdf – in English.
[2023-09-05]