Cooperation Potential in Oil and Gas Sector of Uzbekistan UZBEKNEFTEGAZ Cooperation Potential in Oil and Gas Sector of Uzbekistan Presenter: Ph.D. Sultanov A. Chairman of «Uzbekneftegaz» NHC November 17, 2016 Tashkent www.ung.uz
Vertically integrated holding company UZBEKNEFTEGAZ NHC “Uzbekneftegaz” JSC “Uzgeoburneftgaz” | Exploration and Drilling JSC “Uzneftegazqazibchiqarish” | Production and Processing JSC “Uztransgaz” | Gas transportation and storage JSC “Uzneftmahsulot” | Oil refining and product distribution JSC “Uzneftgazqurilishinvest” | Construction JSC “Uzneftegazmash” | Oil and gas equipment production Vertically integrated holding company In charge of all types of oil and gas business Major shareholder - State Oil and gas fields 60% of the territory is promising for the detection of hydrocarbon resources. Currently, there are 247 explored deposits of oil and gas with proven reserves of more than 2.5 billion tons of conventional fuel. Gas transportation system Pipeline to North (Kazakhstan, Russia, Europe) with annual capacity 70 bcm Pipeline to China with capacity 50 bcm Opportunity to connect to a new gas pipeline to Europe www.ung.uz
Cooperation with British companies UZBEKNEFTEGAZ Cooperation with British companies JV “WorleyParsons Uzbekistan Engineering” 1. FEED design of the “Expanding production capacity of Shurtan GCC” project 2. Integrated project management at “Development and production of hydrocarbons at Gissar Investment block” project 3. Licensor and base design of the “Sulfur recovery unit at Mubarek gas processing plant” project www.ung.uz
Potential areas of cooperation UZBEKNEFTEGAZ Potential areas of cooperation with British companies and financial institutions 1. Involvement as technology partners and investors for the project "Organization of production on complex processing shale oil deposits on Sangruntau field". Processing of 2 million tons of shale oil. Project cost 550 mln. USD. Period: 2017-2020 www.ung.uz
Potential areas of cooperation UZBEKNEFTEGAZ Potential areas of cooperation with British companies and financial institutions 2. Involvement as technology partners and investors for the project of expansion of capacities of JSC "Uzbekhimmash plant" for the production of large-sized and large-capacity petrochemical equipment. Production 12 units of large-sized and large-capacity petrochemical equipment. Project cost 25 mln. USD. Period: 2016-2019 www.ung.uz
Potential areas of cooperation UZBEKNEFTEGAZ Potential areas of cooperation with British companies and financial institutions 3. Participation in tenders for the supply of equipment with financing for modernization of the Bukhara oil refinery. Production 1047 thousand tons of petrol, 822 thousand tons of diesel, 222 thousand tons of jet fuel. Project cost 551 mln. USD. Period: 2017-2020 www.ung.uz
with British companies and financial institutions UZBEKNEFTEGAZ Cooperation with British companies and financial institutions Singing MoU with “Peerless Europe” and JSC “Uzneftegazmash” on implementation production of industrial filters for gas separation units. Singing MoU with “BB Energy” and NHC “Uzekneftegaz” on attracting investments to maximize utilization of local oil and gas refining capacity, its modernization, as well as establishment of joint production of bitumen and other petroleum products in the territory of the Republic of Uzbekistan. www.ung.uz
Thank you for attention! UZBEKNEFTEGAZ Thank you for attention! Telephones: (+99871) 233 57 57 (+99871) 236 02 10 (+99871) 233 40 64 Web: www.ung.uz E-mail: info@ung.uz www.ung.uz