Prospects for cooperation in the oil and gas and chemical fields discussed
15/10/2019 12:11
Prospects for cooperation in the oil and gas and chemical fields discussed
15/10/2019 12:11
Tashkent, Uzbekistan (UzDaily.com) -- President of the Republic of Uzbekistan Shavkat Mirziyoyev on 14-15 October 2019 takes part in the seventh summit of the Cooperation Council of Turkic Speaking States (Turkic Council), which takes place in Baku.
During the visit, on 13 October, a delegation consisting of First Deputy Minister of Energy Mirzamakhmudov Jurabek and Chairman of the Board of Uzbekneftegaz Sidikov Bakhodir held talks with the president of SOCAR R. Abdullayev, during which the prospects for cooperation in the oil and gas and chemical fields were discussed.
The parties discussed the implementation of joint projects, and mechanisms were developed to accelerate their implementation. In particular, on maps for geological exploration at the investment blocks of the Republic of Uzbekistan and to increase production in the fields of the Kashkadarya region, road maps were signed providing for an early transition to the practical implementation of agreements.
Along with this, the parties reached a number of agreements allowing both acceleration of work on restoration and overhaul of wells, and organization of production of oil and gas equipment and components used in drilling and overhaul of wells in the Republic of Uzbekistan.
Special attention was paid to the development of cooperation in Azerbaijan. In particular, an agreement was reached on a joint study of oil production projects in the Azerbaijani part of the Caspian Sea.
On 14-15 October, the Uzbek delegation visited a number of SOCAR enterprises, including the NIPIneftegaz SOCAR Research Institute, which is one of the world's leading organizations for research and design and development. NIPIneftegaz SOCAR took part in the design of the Ferghana Oil Refinery in 1959.
Also, a visit was organized to the enterprise for the production of chemical reagents, as well as to the oil and gas equipment company SOCAR.
In addition to the above, the possibilities of increasing the export potential of oil and gas and chemical products of Uzbekistan were discussed with the SOCAR Trading company, which is one of the world trading companies for oil and oil products.
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