NOSTRUM OIL & GAS PLC (United Kingdom) provides update on construction of third gas treatment unit

18.10.17 14:58
/KASE, October 18, 2017/ – NOSTRUM OIL & GAS PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press release of October 18, 2017 quote 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, today provides an update on the progress of GTU3. Due to the delayed delivery of some specially designed valves required for the tie-in of GTU3 with GTU1&2 it will not be possible to bring gas into GTU3 in 2017. The previously planned three week shut down of GTU1&2 has therefore been postponed until after the winter period. The shut down and tie-in is now scheduled to be completed in April 2018. The tie-in will allow gas to go from GTU1&2 into GTU3, for GTU3 to be connected with the export gas pipeline and GTU3 commissioning to take place. Commissioning is expected to be completed within approximately 60 days. unquote The full press release is available on KASE website – http://www.kase.kz/files/emitters/GB_NTRM/gb_reliz_181017_en.pdf [2017-10-18]