Gazprom, Uzbekneftegaz to Invest $700 million in Gas Production in Uzbekistan
Natural Gas-Stream JV, established by Uzbekneftegaz and Gas Project Development Central Asia, is investing more than $700 million in gas production in northwest of Uzbekistan. The corresponding decree was signed by the Cabinet of Ministers on June 17. The project envisages geological exploration at Sechankul, Oqjar and Chimboy investment blocks, …
JSC Uzbekneftegaz to be Split Up into Three Separate Companies
Bloomberg publication has published an article on the process of reforming the oil and gas industry in Uzbekistan. The material is based on an interview with the chairman of the company Bakhodirjon Sidikov. As the author of the publication Zulfugar Agayev notes, the goal of reorganizing the JSC Uzbekneftegaz is …
Uzbekneftegaz, Uzbekenergo and Uzbekgidroenergo Merged into Ministry of Energy
Deputy Prime Minister Alisher Sultanov will be in charge of the newly formed Ministry of Energy, to be created through the merger of Uzbekenergo, Uzbekneftegaz, and Uzbekgidroenergo. The new body will be in charge of the organization and regulation of the activities of the oil, gas and energy sectors. In …
LUKOIL and Uzbekneftegaz Sign Memorandum of Understanding
President of LUKOIL Vagit Alekperov and Acting Chairman of the Board of Uzbekneftegaz Bahrom Ashrafhanov signed a memorandum of understanding, in Tashkent, Uzbekistan, today. The signing ceremony was part of the Russo-Uzbek negotiations, with Russian Federation President Vladimir Putin and the Republic of Uzbekistan President Shavkat Mirziyoyev taking part. According …
Dow: Showcases Leading Technologies at the International Uzbekistan Oil and Gas Conference 2018
The Dow Chemical Company will become a gold sponsor of the 22nd International Uzbekistan Oil and Gas Conference 2018. The event will be held in Tashkent on May 16-17, 2018 in the International Hotel under the official support of the JSC “Uzbekneftegaz” and the patronage of the Cabinet of Ministers …
LUKOIL Starts Production Tests At Facilities For Kandym Early Gas Project In Uzbekistan
LUKOIL has begun production tests of two Gas Treatment Plants (GTPs) at the Northern Shady Site and the Kuvachi-Alat Field in Uzbekistan’s Bukhara Region as part of the Kandym Early Gas Project, which is being implemented together with National Holding Company Uzbekneftegaz. The GTPs have a combined annual capacity of …
Tethys Petroleum Acquires New Field in Turkmenistan
Tethys Petroleum announced that Chegara Production Limited (“CPL”), its 100% owned subsidiary, has signed a Production Enhancement Contract (“PEC”) for a new oil field, the Chegara Group of Fields (“Chegara”), in Uzbekistan. In addition Tethys announced it had signed a Memorandum of Understanding (“MOU”), which agrees a timetable for the …
Tethys Petroleum Signs Uzbek Exploration MOU
Tethys Petroleum Limited today announced it has signed a Memorandum of Understanding with the Uzbek State oil and gas company, National Holding Company “Uzbekneftegaz”. The objective of this MOU is to provide the framework for a Joint Study and the negotiation process for an Exploration Agreement relating to certain exploration …
Tethy’s Petroleum Sign Uzbek MOU
Tethys Petroleum Limited today announced it has signed a Memorandum of Understanding (“MOU”) with the Uzbek State oil and gas company, National Holding Company “Uzbekneftegaz” (“UNG”) establishing a programme for Tethys to obtain two new Production Enhancement Contracts (“PECs”) on two existing oilfields in Uzbekistan. The MOU represents an agreed …