Uzbekineftegaz leads a consortium of Korea National Oil Corporation, China National Petroleum Corporation and Lukoil exploring and developing gas condensate fields in the Aral Sea.
Are Uzbekistan’s oil projects a good investment opportunity?
These projects may represent good export opportunities for U.S. suppliers of oil and gas extraction, transportation, processing technologies, and oil services. Under Uzbekistan¡¯s law on Public-Private Partnership, there are new opportunities for foreign investors to participate in large projects.
How much crude oil is produced in Uzbekistan?
Uzbekistan Crude Oil Production Crude Oil Production in Uzbekistan remained unchanged at 41 BBL/D/1K in May from 41 BBL/D/1K in April of 2019. Crude Oil Production in Uzbekistan averaged 74.31 BBL/D/1K from 1994 until 2019, reaching an all time high of 118 BBL/D/1K in December of 1998 and a record low of 38.81 BBL/D/1K in April of 2010.
Why is Uzbekistan a good country for exporting food?
Growing external demand for food products produced in Uzbekistan and efforts to improve the productivity of the agricultural sector create export opportunities for suppliers of food preservation, processing, and packaging technologies as well as transportation and logistics solutions.