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Alexey Miller and Uzbek Deputy Prime Minister Gulomzhon Ibragimov see bright prospects for cooperation

By   /   April 21, 2017  /   Comments Off on Alexey Miller and Uzbek Deputy Prime Minister Gulomzhon Ibragimov see bright prospects for cooperation

MIL OSI – Source: Gazprom – Press Release/Statement

Headline: Alexey Miller and Uzbek Deputy Prime Minister Gulomzhon Ibragimov see bright prospects for cooperation

Background
Gazprom’s main partner in Uzbekistan is Uzbekneftegaz National Holding Corporation focused on oil and gas prospecting, production, processing, transportation, storage, and marketing.
In 2002, Gazprom and Uzbekneftegaz signed the Agreement of Strategic Cooperation providing for Gazprom’s participation in natural gas production projects within Uzbekistan under PSA conditions.
In 2006, Gazprom and Uzbekneftegaz inked the Agreement on the basic principles of geological surveys at investment blocks in the Ustyurt region of Uzbekistan.
On April 5, 2017, Gazprom and Uzbekneftegaz signed the contract for 4 billion cubic meters of Uzbek gas to be purchased by Gazprom annually in the period of up to 5 years starting from 2018, the Agreement on joint geological exploration and engineering & innovation work, and the Agreement of Cooperation in the area of staff training and retraining.
In 2016, Gazprom purchased around 6.2 billion cubic meters of natural gas from Uzbekistan.

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