Lukoil ups gas reserves at Uzbekistan field by 20 bcm

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Economy 03/03/2010 Lukoil ups gas reserves at Uzbekistan field by 20 bcm

Lukoil ups gas reserves at Uzbekistan field by 20 bcm

Tashkent, Uzbekistan (UzDaily.com) -- Lukoil Uzbekistan Operating Company has increased commercial reserves of natural gas at the Khauzak-Shady field in southwest Uzbekistan by 20 billion cubic meters.

Specifically, Lukoil transferred some gas reserves under the C1 category and C2 category to oil reserves under the B category.

Lukoil started production at the Khauzak-Shady field in 2007 as part of the Kandym-Khauzak-Shady-Kungrad gas project, in which Lukoil holds a 90% stake and Uzbek national holding company Uzbekneftegaz holds a 10% stake.

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