Oil and gas sector of Uzbekistan will attract USnewscat="%" number="50".894 billion of foreign direct investments on 34 projects within the investment programme for current year.

Chinese company CNPC will invest US7.6 million to construction of the third line of the gas pipeline “Central Asia – China”. Total cost of the project is US.2 billion.

Russia’s Lukoil will invest US0 million to implementation of two product sharing agreement in Uzbekistan with total cost of US.3 billion. In particular, the Russian company will direct US0 million to project on development of fields in Kandym Group in Bukhara region and geologic exploration works at Ustyurt. Within the project on development of fields at Southern Gissar, it is planned to utilize US0 million.

The consortium of Korean companies led by KOGAS will continue construction of Ustryurt Gas Chemical Complex with the cost of US.1 billion. It is planned to direct US0 million of investments within the project in 2012.

Uzbekistan GTL JV will direct US0 million to construction of plant on production of synthetic fuel (GTL) in Kashkadarya region. The preliminary project cost is US.7 billion. The founders of the venture are Uzbekneftegaz and Sasol (South Africa).

Petronas (Malaysia) will spend US million to development of hydrocarbon fields in Ustyurt and Surkhandarya region within two PSAs with total cost of US.07 billion.

Indorama Group (Singapore) will start construction of gas chemical complex on the base of Mubarek Gas Processing Plant in south of Uzbekistan with the cost of USnewscat="%" number="50".64 billion. In 2012, the investor will direct US million to the project.

Gazprom will invest US.5 million to complete geological exploration in Ustyurt region. The cost of the project is US0 million.

CNODC of China will start active stage of development of Mingbulak field in Namangan region. Total project cost is US1.7 million. The company will invest US million to project implementation in 2012.

uzdaily.com

27.01.2012 09:40