© 2017 Westgasoil pte. ltd.

2 Azattyk ave., level 2

060000 Atyrau 

Republic of Kazahstan

51 Goldhill Plaza #07/10

308900 Singapore 

1. About the Company


WestGasOil is the Project Sponsor/Developer for large scale petrochemical projects (the “Projects”) that will be situated in the National Industrial Petrochemical Technopark, a Special Economic Zone in Karabatan, Atyrau in Kazakhstan (www.nipt.kz).


2. Company Activities


The Company will perform the following activities of project development that involves securing permitting, contracts, and financing for the Project:


  • Engage external parties for conceptual studies, feasibility studies, expert technical advice, market research, project risk analysis and detailed bankable financial models

  • Engage lawyers for cross-border legal advice, set up appropriate legal structures

  • Engage tax lawyers/consultants for tax advice

  • Preparation and submission of relevant permit and license applications to relevant Government agencies/ministries

  • Environmental and social assessments

  • Financing Structure

  • Manage bids/tenders for the relevant Project Engineering, Procurement, and Construction Agreement, undertake supplier selection and ranking

  • Transportation / logistics analysis

  • Secure land and access agreements

  • Secure relevant long term feedstock, off-take and purchase agreements for the Project


The above activities are performed with the end goal of making the projects bankable to achieve successful financial closure, i.e. prepared in enough detail and with enough objectivity that the Projects could be submitted it to co-investors, strategic partners and lenders to secure equity investors and lenders (commercial lenders, international financial institutions i.e. IFC, World Bank, state policy banks) for the Projects.

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