The state has around 110 oil and gas, oil and gas condensate and oil deposits.
It’s an indicator one can be proud of, representative of the Gazprom Zarubezhneft private company Ivan Gogolev said. The representative reminded that Zarubezhneftegaz’s first project in Uzbekistan was further development of the Shakhpakhty on the Ustyurt plateau.
The gas produced there shows successful cooperation under the first production-sharing agreement for 15 years, signed on 14 April 2004. The project has been a success; the planned targets have been met, Gogolev said.
In 2008, Uzbekistan produced 67.7 billion cubic meters of gas a year, of which 15 billion cubic meters were exported.
The 2009 republic’s investment program envisions the implementation of 14 projects in the oil and gas sector, and the attraction of over $1 billion of foreign investments.
