Russia and the region are endowed with one of the world’s most diverse and rich reserves of natural resources. Baring Vostok funds have actively invested in energy and forestry companies starting from the early privatisation projects of the 1990s, and later with the establishment of Burren Energy, an international oil company with assets in the Caspian region, in Africa, India and the Middle East. Since 1994, The funds have invested in a total of 18 projects related to natural resources, with total investments approximately $450 million .
Nostrum Oil & Gas

Nostrum Oil & Gas

Oil and gas company developing the Chinarevskoye field in Kazakhstan
Location:
Uralsk, Kazakhstan
Year of initial investment:
2008
Shareholding:
Minority stake

Nostrum Oil & Gas (formerly Zhaikmunai) is a multi-field E&P enterprise currently operating in north-west Kazakhstan. Its main producing asset is the Chinarevskoye field located in the northern part of the oil-rich pre-Caspian basin. Other assets currently include the Rostoshinskoye field, the Darjinskoye field, and the Yuzhno-Gremyachenskoye field, which are all located in the vicinity of the Chinarevskoye field and its Gas Treatment Facility (GTF).

Nostrum Oil & Gas focuses on creating long-term shareholder value through the exploration and development of oil and gas reserves as well as the production and sale of crude oil, stabilised condensate, LPG and dry gas. The Company is committed to a long-term strategy of developing its hydrocarbon fields efficiently, as part of its environmentally friendly and socially responsible approach.

Other projects

News

21 May 2019

Media Statement.

BVCP statement on the decision to deny Philippe Delpal’s appeal regarding the form of pre-trial detention.
17 May 2019

Media Statement.

BVCP statement on ruling by Amur Court of Arbitration.
06 May 2019

Media Statement.

BVCP statement regarding court refusal to change form of detention for Michael Calvey.
29 April 2019

Media Statement.

BVCP statement concerning the rejection of appeal against prolongation of the pre-trial detention.
11 April 2019

Media Statement.

Baring Vostok welcomes the decision to release Michael Calvey to house arrest.
10 April 2019

Media Statement.

BVCP statement regarding pre-trial detention of Ivan Zyuzin, Vagan Abgaryan and Maxim Vladimirov.
10 April 2019

Media Statement.

Baring Vostok welcomes the applications made by the Investigative Committee for Michael Calvey and Alexey Kordichev to be transferred to house arrest, and hopes that the court will give due consideration to the applications.