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Displaying 1 - 10 of 16 articles
Uzbekistan plans to increase its natural gas exports by 25 per cent this year to 15 billion cubic meters, Trend news agency reported. The report said that Uzbekistan almost doubled its gas exports in the first quarter of this year compared with same period last year - to nearly 35 million cubic meters...
Uzbekistan will start to ship natural gas to China via a pipeline running from Central Asia this year, and plans to supply up to 4 billion cubic metres (bcm) by end of the year, Reuters said citing a senior Uzbek official. The Central Asian pipeline network, launched in 2009, spans about 2,000 km (1,250...
Russia's Lukoil has secured a $500 million loan to develop Kandym-Khauzak-Shady-Kungrad gas project in Uzbekistan. The company plans to develop the Kandym fields and enhance output in Khauzak-Shady area. Lukoil estimates the reserves at 330 billion cubic meters of gas and is working with an expected...
Uzbekistan has decided to stop natural gas supplies to its neighbour, Tajikistan, Uzbek ministry of energy and industries said. Uzbek authorities said the move was due to its inability to provide gas for both domestic use and export. Gas deliveries to Tajikistan were suspended even in early in January...
Export Import Bank of Korea (Kexim) announced Monday it will provide a loan of $1 billion to South Korean companies involved in the Surgil gas field development in Uzbekistan. A report in Dow Jones said that eight Korean companies including Korea Gas and Honam Petrochemical are currently participating...
Korea Gas Corp has decided to invest U$3.04 million in a Malaysian registered company, Kor-Uz Gas Chemical Investment Ltd, to participate in a project in Surgil, Uzbekistan, UzDaily reported. After the purchase, Korea Gas Corp will hold a 45% stake in the Kor-Uz, while South Korea's Honam Petrochemical...
Uzbekneftegaz and Sasol Synfuels International have discussed plans to set up a GTL plant in Uzbekistan. The companies have decided to expedite work on the stage of FEED-2, which includes detailed design, project financing and organization of a feasibility study The project in Uzbekistan is of...
CNPC is expected to begin developing the Vostochniy Alat gas condensate field in central Uzbekistan's Bukhara-Khiva region this year. Some reports suggest, the exersice will cost $150 million in the first three years. Vostochniy Alat is located in the Karakul (Qarakul) Block, one of five blocks that...
Tethys Petroleum Limited announced it has signed a Memorandum of Understanding with Uzbekneftegaz for a joint study and the negotiation process for an exploration rgreement relating to certain exploration blocks in the North Ustyurt Basin of Uzbekistan. Tethys is focused on oil and gas exploration and...
Uztransgaz is expected to begin supplying natural gas to PetroChina from April 1 via the Central Asian pipeline, media reports said Friday. Meanwhile, reports also suggest that Central Asia gas pipeline has transported over 20 billion cubic meters of gas from Central Asia to China since its launch till...