Business
Re-Start of Gas Treatment Unit 3
Re-Start of Gas Treatment Unit 3.
About this update from Nostrum Oil & Gas Plc
[{"type":"text","content":"\n\n \nNOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF THAT JURISDICTION\n \n \nFOR IMMEDIATE RELEASE\n \n \nLondon, 4 September 2023\n \nRe-Start of Gas Treatment Unit 3\n \nNostrum Oil & Gas PLC (LSE: NOG) (\"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 its state-of-the-art gas treatment unit 3 (\"GTU-3\").\n \nFurther 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. \n \nArfan Khan, Chief Executive Officer, commented:\n \n\"The flawless re-start of GTU-3 is a testament to the superb skill, dedication and team effort by our engineering and operations teams. This is an important milestone for the Company as it demonstrates the operational excellence of our combined 4.2 bcma gas process infrastructure in North West Kazakhstan, and it is now ready to receive third-party gas, in addition to receiving the feedstock from Ural Oil & Gas LLP expected to start in Q4 2023.\"\n \nLEI: 2138007VWEP4MM3J8B29\n \nFurther information\nFor further information please visit www.nostrumoilandgas.com\n \nFurther enquiries\nNostrum Oil & Gas Plc\nPetro Mychalkiw, Chief Financial Officer\[email protected] &nb...