Nostrum Oil & Gas LP will invest less than $500 million to construction of the third stage of the gas preparing utility before the middle of 2016

Nostrum Oil & Gas LP, the former Zhaikmunai L.LP. will invest less than $500 million into the construction of the third stage of the gas preparation utility before the middle of 2016. Today the work is executed under the schedule. Nostrum is on its way to the target, the doubling of production by the end of 2016. The broadening of the infrastructure is the main clause for the provision of its growth, and in 2014 and 2015 the attention will be concentrated on the current work of the third stage of the utility.

The active utility continues operation at the projected capacity. The planned annual idling period was completed within 9 days. They have passed through some main stage of construction of the third stage of the utility. Nostrum appointed FerrostaalIndustrieAnlagenGmbH and RheinmetallInternationalEngineering, the subsidiary of Ferrostaal, the manager of the project liable for managing over design, purchase, construction and launch of the whole project of the third stage in favor of the operational subsidiary of Nostrum, Zhaikmunai LLC. Execution of the pre-project documentation made by LexingtonGroupInternational  was the basis on which Ferrostaal Group elaborated the project since the end of 2012.

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