Business
UOG gas processing update
UOG gas processing update.
About this update from Nostrum Oil & Gas Plc
[{"type":"text","content":"\n \n \n RNS Number : 3564F\n Nostrum Oil & Gas PLC\n 09 March 2020\n \n \n \n \n \n \n \n NOT 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 \n \n \n \n \n \n \n London, 9 March 2020\n \n \n \n \n \n UOG gas processing update\n \n \n \n \n \n \n \n \n Nostrum Oil & Gas PLC (LSE: NOG) (\"Nostrum\", or \"the Company\"), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, \n today provides an update on its agreements to process UOG gas.\n \n \n \n \n \n Nostrum has been informed by UOG that its delivery of gas to Nostrum will be delayed. UOG is currently working on a new timetable for delivery of gas to Nostrum. Despite this delay, UOG management expressed full commitment to deliver the gas before any penalties arise under the existing agreements, which would require gas to be delivered before 9 April 2023. Nostrum will provide further information when it receives further guidance from UOG regarding the date for expected delivery of first gas. \n \n \n \n \n \n Nostrum remains in discussion with other third parties regarding the processing of gas through its infrastructure.\n \n \n \n \n \n Disclosure of inside information in accordance with Article 17 of Regulation (EU) 596/2014\n \n (16 April 2014) relating to Nostrum Oil & Gas PLC. \n \n \n \n \n \n LEI: 2138007VWEP4MM3J8B29\n \n \n \n \n \n Further information\n \n \n For further information please visit \n \n \n www.nog.co.uk\n \n \n \n \n \n \n \n \n Further enquiries\n \n \n Nostrum Oil & Gas PLC - Investor Relations\n \n \n Kirsty Hamilton-Smith\n \n \n Amy Barlow\n \n \n +44 203 740 7433\n \n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n Instinctif Partners - UK\n \n \n \n Mark Garraway\n \n \n Sarah Hourahane \n \n \n Dinara Shikhametova\n \n \n + 44 (0) 207 457 2020\n \n \n \n [email protected]\n \n \n \n \n \n \n \n Promo Group Communications - Kazakhstan\n \n \n Irina Noskova \n \n \n + 7 (727) 264 67 37\n \n \n \n \n \n Notifying person\n \n \n Thomas Hartnett\n \n \n Company S...