Tethys Petroleum to invest $24.4 million into development of deposit in Uzbekistan

Tethys Petroleum will invest $24.4 million into the development of Chegara deposit in the Kashkadarya region in the south of Uzbekistan by 2016.

The project is included in the investment project-2013 and following periods; it is aimed at the increase of oil production at the contracted area.

Tethys Petroleum Limited carries out exploration and development of oil and gas deposits in Central Asia, and now it works in Kazakhstan, Tajikistan and Uzbekistan.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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