Tashkent, Uzbekistan (UzDaily.uz) -- Within the framework of the videoconference, a meeting of the founders of Uzbekneftegaz and New Silk Road Oil and Gas was held.
It should be noted that the joint venture New Silk Road Oil and Gas operating in Uzbekistan since 2013 was created by Uzbekneftegaz and the Chinese company CNODC.
Recall that CNODC was established in 2005 and is a subsidiary of China National Petroleum Corporation (CNPC), the largest oil and gas company in China.
The main activity of New Silk Road Oil and Gas is the implementation of the investment project “Development of the economic zone of Dengizkul, Khojadavlatsky and Sharkiy Olot gas condensate fields”. The joint venture currently operates 16 wells.
During the meeting, the parties discussed topical issues related to the current activities of the joint venture. At the same time, special attention was paid to the discussion of reforms and prospects for cooperation in the oil and gas industry, newly created by Uzbekneftegaz.
The founders also discussed the export potential of the joint venture and the impact of the pandemic on its operations.
