Uzbekistan Oil and Gas

Uzbekneftegaz to place up to 49% of its shares until 2024 within IPO.

On Friday the Ministry of Energy of Uzbekistan reported that no later than by 2024 the state company Uzbekneftegaz would place up to 49% of the shares as part of an IPO, according to Reuters.

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Uzbekneftegaz to attract investors to fields with low flow rate

Uzbekneftegaz will attract foreign investors in oil production in 2019. We are talking about fields with low flow rate.

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Uztransgas to be separated from Uzbekneftegaz

Energy company Uztransgas will be derived from Uzbekneftegaz.

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Uzbekneftegaz receives industrial flow of gas in Ustyurt region

Uzbekneftegaz received an industrial flow of gas from a field in the Ustyurt region in northwest Uzbekistan.

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Uzbekistan approves terms of PSA with Gazprom on the Dzhel field

The President of Uzbekistan Shavkat Mirziyoyev has signed a resolution that approves basic conditions for implementation of a production sharing agreement between Uzbekistan and Gazprom EP Internat

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Gazprom intends to increase gas purchase in Central Asia.

In 2019 Gazprom plans to buy slightly more than 20 billion cubic meters of Central Asian gas.

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Lukoil to produce up to 16 billion cubic meters of gas per year in Uzbekistan

Lukoil plans to produce up to 16 billion cubic meters of gas per year in Uzbekistan. The company states that it is possible to produce even more than the declared volume.

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Joint venture of Uzbekneftegaz, Gazprom and Gazprombank to invest more than $700 million in gas production in the north-west of Uzbekistan

Joint venture Natural Gas-Stream will invest over $700 million in gas exploration and production in the north-west of Uzbekistan.

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Gazprom and Uzbekneftegaz invest more than $ 700 million in gas production in the north-west of Uzbekistan.

The NaturalGas-Stream joint venture created by Gas Project Development Central Asia and Uzbekneftegaz is investing more than $ 700 million into gas production in northwestern Uzbekistan.

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SOCAR and BP to engage in exploration on Aral Sea in Uzbekistan

During 2019 negotiations are possible on the commercial component of the exploration project in the Aral.

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