Russia’s LUKoil has set up a special marketing company, Lukoil Overseas Supply & Trading Ltd., to keep in line with the terms of a production-sharing agreement under the Qandim-Hauzak-Shodi-Qongirot project.
Participation of the Uzbekiston Havo Yollari (Uzbekistan Airways) National Airline Company in the Top Resa - 2007, an annual key travel show in Deauville (France), has become a good tradition, the airline company’s press service informed.
Russia’s oil major Lukoil has revised up its plan for natural gas production in Uzbekistan, and now expects to reach an annual peak output of 12 billion cubic meters by 2012-2013, Lukoil Overseas, the company’s international projects arm, said Monday.
General Motors, the world’s largest carmaker, announced today a joint venture with UzAvtosanoat to assemble and distribute Chevrolet cars in Uzbekistan, the central Asian republic and part of GM Europe region. The joint venture, which will be called GM Uzbekistan, will extend Chevrolet’s rapid expansion in Eastern Europe and Asia.
Uzbekistan state-owned utility operator Uzbekenergo plans to attract a total of US$300 million (212.5 million euro) for the realisation of four upgrade and infrastructure development projects, to be carried out in the period 2008 to 2010, state utility Uzbekenergo’s head Batyr Teshabaev on 5 October 2007.
Uzbekistan and Russia have failed to reach an agreement on cooperation in the enrichment of uranium at the international center in Angarsk, a government source told Interfax. "Uzbekistan has its own vision of the matter and it does not coincide (with Russia’s) on many issues," he said.
Chamber of Commerce and Industry of the Republic of Uzbekistan together with the Trade-Industrial Chamber of Latvian Republic are organizing a visit of the delegation of Latvian entrepreneurs to Tashkent, capital city of Uzbekistan, on 8-10 October.
The 4th Uzbek International Automobile Exhibition - AutoMotorShow Uzbekistan 2007 - will take place on 9-12 October at UzExpoCentre in Tashkent. A press conference dedicated to this event was held at Radisson SAS Tashkent hotel on 5 October.
Russia, Belarus and Kazakhstan have agreed on the legal framework for a customs union. The agreement is intended to ease tariffs and customs procedures to boost trade. In time, other EurAsEC members are expected to join.