Uzbekneftegaz to continue to look for investors for exploration at four investment blocks
Edited by Rhod Mackenzie / 2013-08-22 10:50:32
Uzbekneftegaz will continue to look for investors for geological exploration at four investment blocks, the company reported to the RIA Novosti on Thursday.
It specified that it was a question of geological exploration at the Khoresmsky, Meshekli-Tuzkoisky and Akdjarsky blocks in the Bukhara-Khiva oil and gas region and the Chimbaisky block in the Ustyurt region with preliminary investments in the amount of $260 million during the next five years. The exploration at these blocks was planned to be carried out in 2008-2012. In particular, preliminary agreements with IPC and Mubadala (the United Arab Emirates) and Russian StroyGazOil were reached.
