Lukoil increases the investments in Uzbekistan by one third over first 9 months of 2013
Edited by Rhod Mackenzie / 2013-11-28 05:41:07
In January-September 2013 Lukoil Plc. increased the investments in its Uzbek projects by one third compared to 2012 – to $444 million, is said in the US GAAP report of the company.
In Q3 the capital expenditures of the company made up $185 million – twice as much at the costs in Q3, 2012. The company conducts extraction at Khauzak-Shady deposit in the Bukhara Region as well as the deposit of Jarguduk-Yangi Kyzylcha block in South-West Hissar. Besides, Lukoil conducts geological exploration in Uzbek part of the Aral Sea as part of the international consortium.
