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LONDON - Nostrum Oil & Gas PLC (LSE:NOG), an independent energy company operating in the pre-Caspian Basin, has disclosed its payments to governments for the year 2024. The company, known for its gas processing facilities and export hub in north-west Kazakhstan, announced the report’s availability in compliance with the Disclosure Guidance and Transparency Rules of the UK’s Financial Conduct Authority, as well as the Reports on Payments to Governments Regulations 2014.
The report details the payments made by Nostrum and its subsidiary undertakings during the last year. It has been submitted to the National Storage Mechanism and can be accessed through the Financial Conduct Authority’s data repository. Additionally, stakeholders can download the report from Nostrum’s governance webpage.
Nostrum’s primary asset is the Chinarevskoye field, operated by Zhaikmunai LLP, which is a wholly-owned subsidiary of Nostrum Oil & Gas PLC and the sole holder of the subsoil use rights for the field’s development.
The company’s financial officer, Petro Mychalkiw, is listed as a contact for further inquiries, alongside Instinctif Partners, a UK-based communications firm.
In the announcement, Nostrum also included a standard disclaimer regarding forward-looking statements, emphasizing that such statements are not guarantees of future performance and are subject to risks and uncertainties. Shareholders and potential investors are cautioned against placing undue reliance on these forward-looking statements.
This report’s publication is part of Nostrum’s commitment to transparency in its operations and adherence to regulatory requirements. The company has not provided any specific figures or detailed breakdowns of the payments in the public announcement.
Information for this article is based on a press release statement from Nostrum Oil & Gas PLC.
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