Uzbekistan Oil and Gas

Tatneft to start geological exploration in Uzbekistan

Tatneft and Uzbekneftegaz have signed a document on basic conditions of an agreement on production section at the Pritashkentsky investment block in Uzbekistan.

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BP and SOCAR to conduct exploration in north-west of Uzbekistan

The British BP and the Azerbaijani state-owned company SOCAR will conduct geological exploration in the Ustyurt region. The goal is to search for oil and gas in the north-west of Uzbekistan.

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In mid-2020, Uzbekneftegaz may issue Eurobonds for $1 bln

Uzbekneftegaz may issue Eurobonds for $1 billion on the international market in the middle of 2020. This was stated by Chairman of the company’s Board Bakhodyr Sidikov on May 15, 2019.

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Uzbekistan to build a petrochemical plant using the MTO technology.

Uzbekistan plans to build a new petrochemical plant using the MTO technology (methanol-to-olefins).

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Lukoil invests $8 billion in Uzbekistan's projects

On May 15, 2019, president of Lukoil Vagit Alekperov met with President of the Republic of Uzbekistan Shavkat Mirziyoyev in Tashkent.

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Eni to enter Uzbek market

The Italian oil and gas company Eni plans to enter the market of Uzbekistan. This was announced by the Foreign Ministry of the country.

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Uzbekneftegaz to choose contractor for modernization of Bukhara oil refinery in 2019

Uzbekneftegaz intends to select a contractor for modernization of Bukhara oil refinery by the end of this year.

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First oil obtained at Mingbulak field in Uzbekistan

The first oil has been produced at the Mingbulak field in the Namangan region in the east of Uzbekistan. This was reported by the Energy Ministry of Uzbekistan on May 6, 2019.

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Investments in upgrade of Fergana oil refinery estimated at $875 mln

It is planned to invest $875 million in a project of modernization of the Fergana oil refinery.

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Upgrading refineries in Uzbekistan until 2022 is estimated at $875 million

The modernization of Fergana Oil Refinery LLC in the east of Uzbekistan is estimated at $875 million until 2022.

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