Lukoil discovers gas field in Uzbekistan
Lukoil Overseas, an operator of international upstream projects of Lukoil, has discovered a new field of gas and condensate on the Southwest Gissar block in Kashkadarya region in southern Uzbekistan, the company said.
According to Lukoil Overseas, during testing of the well commercial daily output - up to 650,000 cubic meters of gas and 70 tons of gas condensate were obtained.
PSA for the Southwest Gissar was signed on January 23, 2007 for a term of 36 years and entered into force on April 23, 2007. Uzbekistan's share in profit ranges from 55 to 80 percent depending on the profitability of the project.
LUKOIL joined the Southwestern Gissar project in Uzbekistan in 2008.
Here we are to serve you with news right now. It does not cost much, but worth your attention.
Choose to support open, independent, quality journalism and subscribe on a monthly basis.
By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.
You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper
Thank you!