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Economy 12/02/2010 Uzbekneftegaz inks several agreement with Korean partners
Uzbekneftegaz inks several agreement with Korean partners
Tashkent, Uzbekistan (UzDaily.com) -- Uzbekneftegaz national holding company [Uzbek Oil and Gas] signed several agreements with the Korean partners within the state visit of the President of Uzbekistan Islam Karimov to South Korea.

The company’s press service said the company signed an investment agreement on project “Construction of Surgil field with construction of Ustyurt gas-chemical complex”.

Uzbekneftegaz also inked agreement on main principles of creation of joint venture with KOGAS and KOLON. In line with the document, the sides are planning to construct and use automobile gas filling compression stations in Uzbekistan.

The company held negotiations with the Korean partners and agreed to realize projects on studying opportunities on increasing hydrocarbon production at long-used fields in Uzbekistan, organization of production of liquefied natural gas and fuel equipment at Navoi free industrial and economic zone.

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