TASHKENT (TCA) — President of Russian oil company LUKOIL Vagit Alekperov and the Prime Minister of Uzbekistan Abdulla Aripov participated in the official launch of new facilities at Gissar cluster of fields in Uzbekistan on September 23, the company’s press service said.
Commissioning of the new operational facilities at South-West Gissar project, including a gas treatment plant with the nominal capacity of 4.4 billion cubic meters a year, a gas pre-treatment unit and six gas gathering stations, made it possible to bring gas production at Gissar cluster of fields up to the planned level of 5 billion cubic meters a year.
More than half of total volumes of natural gas produced at the company’s foreign projects are recovered in Uzbekistan. As of early September 2017, the cumulative production at projects managed by LUKOIL in the country reached 45 billion cubic meters. The company is the largest foreign investor in Uzbekistan.
LUKOIL successfully launched the main production and processing facilities at its South-West Gissar project in Uzbekistan in August.
LUKOIL entered the South-West Gissar project in 2008. The license area includes seven fields. The Production Sharing Agreement (PSA) is until 2043. The participants of PSA are the Republic of Uzbekistan and LUKOIL (100% share). LUKOIL produced 1.7 billion cubic meters of gas in 2016 (the company’s share equaled 1.5 billion cubic meters).