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 Volume 6, issue #18 - Tuesday, September 25, 2001

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Report on foreign investment in Uzbekistani oil and gas sector

18-08-01 The total volume of foreign investment in the gas and oil industry of Uzbekistan has reached $ 1.5 bn. According to Uzbekistani scientists, 60 % of Uzbekistan is potentially rich in oil and natural gas.

Five oil and gas sections have been defined: Ust-Yurt (105,100 sq km), Bukhara-Khiva (44,400 sq km), Southwest Gissar (41,000 sq km), Surkhandarya (14,000 sq km) and Ferghana (17,000 sq km).
Total potential resources are as follows: oil, more than 5.3 bn tons; condensate, 480 mm tons; gas, 5.095 tcm. At present, oil is being extracted at 51 deposits, gas at 27 and condensate at 17 deposits.

Source: Uza via NewsBase



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