Uzbekneftegaz develops cooperation with Rosgeology
21/10/2018 12:51
Uzbekneftegaz develops cooperation with Rosgeology
21/10/2018 12:51
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekneftegaz and Rosgeology signed an agreement on cooperation in the field of geological study of subsoil of oil and gas, and development of scientific and technical partnership.
The document envisages involvement of Rosgeology to carry out joint geological exploration in the territory of Uzbekistan and neighboring states, including the territory of the Russian Federation.
The parties will exchange geological information and data of mutual interest for both sides in development of new methods of prospecting and exploration of hydrocarbon deposits, development of a joint program of geological exploration, exchange of experience in the field of geophysical work and drilling wells.
The companies intend to hold joint consultations, meetings, negotiations and training of specialists of Uzbekneftegaz.
Within the framework of the document, the parties will create a joint cooperation group. The group within six months will study promising areas for bilateral cooperation and will prepare a list of projects for joint implementation.
The outcome of the work of the working group should be the adoption by the parties of the joint activity program (roadmap).
Roman Panov, General Director - Chairman of the Board of Rosgeology, said: “Cooperation between Rosgeology and Uzbekneftegaz under the agreement can make a serious contribution to strengthening the mineral and raw material base of hydrocarbons in Russia and Uzbekistan, in ensuring the mineral and energy security of our states.”
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