Products, Processes & Transportation
Nostrum’s infrastructure is strategically positioned at the crossroads of major central Asian pipelines. Our advantageous location allows the Group to access multiple export markets to support our operations, including three export pipelines and one rail loading terminal.
Our production portfolio comprises crude oil, stabilised condensate, LPG, and dry gas. In addition, starting from December 2023 the Group launched processing of third-party hydrocarbons. Further details about our products are provided in the table below.
Quality
- Density – 0.834/cm3.
- API – 38.2 degrees.
- Average Sulphur – 0.55%.
Sales
- PSA requires at least 15% to be sold domestically with remaining 85% exported
- In 2023, 23.8% was sold domestically and the remaining volumes exported in accordance with the PSA, which is in line with the past few years and expectations (i.e. up to 25% of crude oil could be supplied to the domestic market)
Pricing
- Brent and Urals based pricing for pipeline exports
- Domestic sales at over 50% discount
- Prices negotiated directly with the purchaser
Transportation
- During 2023, all exported crude oil volumes were sold through the KazTransOil (KTO) pipeline
- Crude exports are delivered to the KTO pipeline through an extension to our own 120km pipeline from the field site. From here the crude is delivered via trunk pipelines)
Quality
- Density – 0.755g/cm3
- API – 55.9 degrees
- Average sulphur – <0.06%
Sales
- 100% Exported
- Destinations include the Kazakhstan port of Aktau with further shipment to Baku and BTC pipeline to Mediterranean
Pricing
- Brent-based pricing, negotiated directly with the purchaser
Transportation
- Sent through our own 120km pipeline from the field site to our own rail loading terminal in Uralsk
- From here it is loaded onto railcars and sent abroad
Quality
- Field-grade quality
- No olefins and low sulphur content
Sales
- 100% Exported
- Destinations include the Russian Black Sea ports, Ukraine and Poland
Pricing
- International Mediterranean LPG price Sonatrach for Black Sea deliveries
- Argus quotations for specified destinations (Ukraine, Tajikistan and Poland)
Transportation
- Loaded onto LPG trucks from the field site to our third-party rail loading terminal located in Zhelaevo
- From here the LPG is loaded onto railcars and sold to third parties
Sales
- 100% sold to NC QazaqGaz
Pricing
- Brent based price formula agreed until the end of 2024
Transportation
- Sent through our own 17km pipeline from the field site to the connection point with the Intergas Central Asia gas pipeline
- Sold at the connection point
Value Chain
