Nostrum seeks to safely and responsibly develop the resources in North-western Kazakhstan through leveraging our world-class infrastructure platform to deliver value to our stakeholders
Nostrum is fortunate to operate in an area with significant hydrocarbon resources and benefits from access to large oil & gas reserves within our licence boundaries and surrounding fields.
Kazakhstan is one of the world’s top countries in terms of oil and gas reserves and is the second largest oil producer in the Former Soviet Union after Russia. Since achieving independence in 1991, the country has more than trebled its oil and gas production, becoming one of the fastest growing oil-producing nations outside of OPEC.
Nostrum’s assets are all located in the oil-rich Pre-Caspian Basin close to the Russian border and in close proximity to some of the most significant hydrocarbon resources in the Former Soviet Union. In addition to the Company’s own processing, storage and transportation infrastructure, Nostrum’s advantageous location means that the Group has access to multiple export markets and additional resources to support its operations over the long-term. During 2018, Nostrum’s signing of binding agreements with Ural Oil & Gas to process hydrocarbons from the Rozhkovskoye field demonstrates the substantial value of the Group’s infrastructure and competitive positioning in the region.