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Location:
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Bukhara region
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Sector:
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Mineral and petroleum exploration, mining and processing
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Total cost:
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$ 377.5 mln
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Chinese partner:
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China National Oil and Gas Exploration and Development Company Ltd.
China Development Bank
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Uzbekstani partner:
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Uzbekneftegaz
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Construction start:
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2014
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Putting into commission:
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2017
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China National Oil and Gas Exploration and Development Company Ltd. (CNODC) is a subsidiary of China National Petroleum Corporation (CNPC). China National Petroleum Corporation is the world’s 3rd largest oil company based in China which plays a leading role in China's petroleum industry. It integrates the business portfolios of both an oil company and an oilfield service provider, with operations covering the entire oil and gas industry value chain. Having oil and gas assets and interests in over 30 countries, it plays a greater role in the global petroleum circle. CNPC is one of Uzbekistan’s largest oilfield partners.
Uzbekneftegaz is a state-owned holding company of Uzbekistan's oil and gas industry engaged in geological exploration, production, transportation, storage, processing and sale of oil and gas. The company ranks 11th in the world in natural gas production. It is the largest state-owned company in Uzbekistan.
Chinese investors fought to obtain licences for geological exploration, prospecting and oil and gas production in Uzbekistan for many years, which they obtained in 2016. Eventually, four gas fields were handed to CNPC.
“New Silk Road Oil & Gas Company Ltd” was established by “Uzbekneftegaz” and CNODC for an arrangement of gas condensate fields in Uzbekistan. [1]
In 2017 the first stage of the project was commissioned. The project covers 3 gas fields: Dengizkul, Khojadavlat and Sharky Alat, with a maximum design annual output of 1 billion cubic meters. [2]
China Petroleum Engineering & Construction Corporation (CPECC) will perform designing, logistics, construction and commissioning of infrastructure facilities for arrangement of gas fields. The construction of 11 operational wells will perform XIBU Drilling Engineering Company Ltd, repair and testing of operational wells on the Karakul investment block - China National Logging Corporation. [3]
As a result of the full implementation 869.6 mln cubic meters per year of gas and 6.400 ton per year of condensate will be produced in the fields annually. [4]
The commissioning of the project will deepen natural gas cooperation between China and Uzbekistan, and will be of great significance to promoting economic development in Uzbekistan. [5]
Uzbekistan aims to more than double its oil production by 2025.
https://m.kun.uz/uz/news/2017/03/18/2017-jilda-uzbekistonda-angi-gaz-konlarini-uzlastiris-boslanadi
https://daryo.uz/2017/12/14/buxorodagi-xojasayat-uchastkasidan-tabiiy-gaz-qazib-chiqarish-boshlandi
https://kun.uz/uz/50978243?q=%2F50978243