The Deputy Prime Minister of Uzbekistan, Chairman of the Board of Governors of Uzbekneftegaz NHC Gulomjon Ibragimov and Russia’s Gazprom CEO Alexei Miller have signed an agreement on strategic cooperation

The document regulates the interaction of companies in the course of implementation of new projects in the territory of Uzbekistan. It stipulates the reconstruction, construction and operation of gas infrastructure facilities, geological exploration, production, processing and storage of hydrocarbons, the use of compressed and liquefied natural gas for autonomous gasification, and the development of a general gas supply scheme for the republic.

Alexei Miller and Gulomjon Ibragimov also held a working meeting to assess the current interaction of companies. They commended the signed agreement, noting that its implementation will have a significant positive effect on the development of the gas industry in Uzbekistan.

The National Holding Company Uzbekneftegaz is Gazprom’s key partner in Uzbekistan. It is engaged in oil and gas exploration, production, processing, transportation, storage and sales. In 2006, Uzbekneftegaz and Gazprom signed an agreement on the basic principles of geological exploration of subsoils of investment blocks in the Ustyurt district of the republic.

In early April 2017, the companies signed a contract for the purchase of 4 billion cubic meters of the Uzbek gas by the Russian side for a period of up to five years, starting in 2018, as well as an agreement on joint exploration and organization of engineering and innovation works. In 2016, the volume of Gazprom purchases of natural gas in Uzbekistan amounted to 6.2 billion cubic meters.

(Source: «Uzbekistan Today» newspaper)

 

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