The company also carried out deep exploration wells in seven fields and completed construction of 10 exploration and 12 exploitation wells.

Industrial enterprises of oil and gas industry, taking into account the volume of foreign investors within the Production Sharing Agreement (PSA), fulfilled forecast on production of goods by 113.3% in current prices. The consumer goods output volume exceeded forecast by 6.7% in the reporting period.

The localization programme, approved by the presidential decree from 23 March 2010, includes 59 projects of Uzbekneftegaz against 41 projects in 2009. In the first quarter, the company realized 35 projects, which ensured production of goods for over 15.7 billion soums, which exceeded forecast by 49.5%.

At the international industrial fair and cooperation exchange, enterprises of Uzbekneftegaz signed 323 agreements on production of import replacing products and rendering services for over 216.7 billion soums in 2010, which is up 1.56 times year-on-year. In the first quarter of 2010, the enterprises fulfilled orders for 37.1 billion soums.

In line with target programme, Uzbekneftegaz national holding company used capital investments in the reporting period, which exceeds the forecast by 5.6% year-on-year.

Targeted investment programme of Uzbekistan for 2010 included only 25 investment projects, which is realized with attraction of foreign direct investments and credits. The forecast on attracted investments was fulfilled by 123.4%.

Within the State Programme on Harmonically Developed Generation, Uzbekneftegaz carried out events for 3.056 billion soums.