Uzbek President receives LUKOIL President
10/11/2015 22:25
Uzbek President receives LUKOIL President
10/11/2015 22:25
Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Islam Karimov received the President of Russian oil company LUKOIL Vagit Alekperov at the presidential residence Oqsaroy on 10 November 2015, the press service of the President of Uzbekistan said.
Welcoming the guest, Islam Karimov underlined active work of LUKOIL in realization of the joint projects in oil and gas sector of Uzbekistan.
It is worth to mention that currently LUKOIL implements investment projects on developing and using perspective gas fields Khauzak, Shady, Kungrad and Kandym Group, development of oil and gas fields in Southern-Western Gissar and Ustyurt region. Within the joint geological exploration works, perspective fields of hydrocarbons were opened in the Uzbek part of Aral Sea. The aggregate volume of investments of LUKOIL to the Uzbek projects exceeded US$5 billion.
Russian company also started construction of Kandym Gas Processing Plant. The plant will annually process 8 billion cubic meters of natural gas.
Vagit Alekperov said that Kandym Gas Processing Plant will be commissioned in 2018. Realization of the project will help to expand industrial base of Uzbekistan.
LUKOIL President stated that the Russian company will ensure full and timely realization of all its obligations within the investment projects, realized in Uzbekistan.
During the meeting, Islam Karimov and Vagit Alekperov exchanged opinion on current situation in global and regional markets of hydrocarbons. The sides discussed perspective directions of further expanding long-term and mutual beneficial cooperation between Uzbekistan and LUKOIL.
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