Products, Processes & Transportation
Nostrum’s 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.1
Quality
- Density – 0.834g/cm3
- API – 38.2 degrees
- Average sulphur – 0.55%
Sales
- The PSA requires 15% to be sold domestically with remaining available for export
- In 2024, 25.2% was sold domestically and the remaining volumes exported, which is in line with the expectations based on practice over the past few years
Pricing
- Brent and Urals based pricing for pipeline exports
- Domestic sales at over 50% discount
- Prices negotiated directly with the purchaser
Transportation
- During 2024, 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 120 km pipeline from the field site. From here the crude is delivered via trunk pipelines
Quality
- Density – 0.785g/cm3
- API – 53.5 degrees
- Average sulphur – <0.12%
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 120 km pipeline from the field site to our own rail loading terminal in Uralsk
- From here it is loaded onto railcars and sent to Aktau by rail for further transshipment
Quality
- Field-grade quality
- No olefins
Sales
- 100% exported
- Destinations include Poland, Latvia, Uzbekistan and Tajikistan
Pricing
- Argus quotations for specified destinations (Poland, Tajikistan, Uzbekistan and Latvia)
Transportation
- Loaded onto LPG trucks at the field site and trucked to the 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
Crude Oil and stabilised condensate production (boepd) and product split (%)
LPG production (boepd)
and product split (%)
Dry gas production (boepd)
and product split (%)
1. The details refer to Chinarevskoye products.