LUKoil ready to invest $ 480 mm in Uzbek gas fields

Apr 03, 2010 02:00 AM

LUKoil intends to invest $ 480 mm into developing gas fields in Uzbekistan in 2010, Deputy Russian Prime Minister Sergey Ivanov told.
"In 2010, LUKoil has taken on the obligation to invest $ 80 mm into development and geological studies", Ivanov said.

He added that in recent years, the company's accumulated investments in Uzbekistan have reached several billion dollars.
"You have to agree -- that is a lot," he said.
Earlier, LUKoil Vice-President Leonid Fedun said the company planned to invest $ 8-$ 8.5 bn a year, most of which would be allocated to production projects.

Market Research

The International Affairs Institute (IAI) and OCP Policy Center recently launched a new book: The Future of Natural Gas. Markets and Geopolitics.


The book is an in-depth analysis of some of the fastest moving gas markets, attempting to define the trends of a resource that will have a decisive role in shaping the global economy and modelling the geopolitical dynamics in the next decades.

Some of the top scholars in the energy sector have contributed to this volume such as Gonzalo Escribano, Director Energy and Climate Change Programme, Elcano Royal Institute, Madrid, Coby van der Linde, Director Clingendael International Energy Programme, The Hague and Houda Ben Jannet Allal, General Director Observatoire Méditerranéen de l’Energie (OME), Paris.

For only €32.50 you have your own copy of The Future of Natural Gas. Markets and Geopolitics. Click here to order now!


Upcoming Conferences
« April 2018 »
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29

Register to announce Your Event

View All Events