Lukoil produces 25 bln cubic meters of gas in Uzbekistan
By Aynur Jafarova
Today, the volume of cumulative natural gas produced at the fields operated by Lukoil Uzbekistan stands at 25 billion cubic meters, the corporate newspaper of the company Lukoil Overseas said.
Lukoil Uzbekistan is the operating company of Russian Lukoil company in the country.
Currently, Lukoil is carrying out production in Uzbekistan at two contract areas – at the Hauzak-Shady field in Bukhara region and at the Hissar group of fields in Kashkadarya region.
The ‘Kandym early gas’ project envisaging the development of Kuvachi-Alat and North Shady fields is being actively implemented.
Lukoil plans to put into operation the major facilities in 2017. The designed gas production level is 4.8 billion cubic meters per year. Aside from these projects, Lukoil also participates in the project for development of the Aral block in Uzbekistan.
The total cumulative volume of investments made by Lukoil in Uzbekistan exceeded $3.5 billion. The company plans to invest in the projects a total of over $8 billion and increase the annual gas production volume to 18 billion cubic meters by 2016.