UZBEKNEFTEGAZ Prospects of participation of Czech companies in investment projects in oil and gas industry of Uzbekistan National Holding Company “UZBEKNEFTEGAZ” December, 2012, Prague, Czech Republic

KEY DATES IN OIL&GAS HISTORY OF UZBEKISTAN 1885 – first oil production 1906 – first oil refinery plant 1953 – first discovery of gas 1972, 1980 – gas processing plants built in Mubarek and Shurtan 1992 – establishment of UZBEKNEFTEGAZ company

National Holding Company of Oil & Gas UZBEKNEFTEGAZ National Holding Company of Oil & Gas Vertically integrated National company of oil&gas 6 major joint-stock companies with more than 120 enterprises In charge of all types of oil & gas activities (exploration, drilling, production, processing/refining, transportation, storage, marketing, distribution of products, engineering, procurement, construction, equipment manufacturing, relevant services) Major shareholder - State

Oil & Gas regions of Uzbekistan

Gas Transportation System TOTAL LENGTH OF THE MAIN PIPELINES MORE THAN 13 000 km MORE THAN 250 COMPRESSORS

Refineries BUKHARA REFINERY FERGHANA REFINERY (rehabilitated in 2000) (by TECHNIP ) 2,5 MT/year 10 types of oil products (kerosene, diesel, gasoline and etc.) in compliance with international standards FERGHANA REFINERY (rehabilitated in 2000) by MITSUI and TOYO ENGINEERING 8,7 MT/year 50 types of oil products (kerosene, diesel, gasoline, lubricants, paraffin and etc.) in compliance with international standards

Gas Processing MUBAREK GAS PROCESSING PLANT 30 billion cubic meters / year (1,05 TCF per year) (one of the biggest in the world, built in 1972) SHURTAN GAS PROCESING PLANT 20 billion cubic meters / year (0,7 TCF per year) (started production in 1980)

Petrochemical SHURTAN GAS CHEMICAL COMPLEX (2001) Feedstock (gas) ABB Group Consortium Feedstock (gas) 3,9 billion cubic meters/year Main product 125 000 tons/year (Polyethylene)

International Cooperation (PSA, Exploration Agreements) I. Exploration Contracts 4. Korean Companies: Korea National Oil Corporation, Korea Gas Corporation, Daewoo International 5. PetroVietnam (Vietnam) 1. Gazprom (Russia) 2. CNPC International (China) 3. Petronas Carigali (Malaysia) II. Production Sharing Agreements 1. Lukoil (Russia) 2. Gazprom (Russia) 3. Petronas (Malaysia) 4. International Consortium

International cooperation (Joint ventures) III. Joint Ventures Uzbekneftegaz created more than 20 joint ventures: with Chinese CNPC: Uz-Kor Gas Chemical with Korean Consortium: with Malaysian Petronas and South African Sasol: Service Center UZ Dresser-Rand and others UzPrista – production of lubricants

RECENTLY STARTED MAJOR PROJECTS UZBEKNEFTEGAZ RECENTLY STARTED MAJOR PROJECTS

4,5 Surgil Gas Chemical Project BCM of feedgas/year up to 400 000 tons of polyethylene/year up to 100 000 tons of polypropylene/year PROJECT STAGE – design work and mobilization at site JV with Korean Consortium (KOGAS, Honam Petrochemical Corp. and STX Energy)

GTL PRODUCTION at SHURTAN GAS CHEMICAL COMPLEX PROJECT STAGE – FEED-2 Joint Venture with PETRONAS and SASOL Feedstock 3,4 BCM of pure methane per year Products 1,7 billion tons of synthetic fuels per year Licensor:

PERSPECTIVE DIRECTIONS OF COOPERATION

Projects offered for participation of Czech companies 1. Implementing of enhanced oil recovery projects Considering that the majority of fields in the country are operated from 1950's, becomes relevant establishing cooperation with leading foreign companies to introduce modern, highly effective technologies to increase hydrocarbon production

Projects offered for participation of the Czech companies 2. Deep gas processing projects Implementing new projects, with deep gas processing technology, for the production of value added products.

Projects offered for participation of the Czech companies 3. Implementation of projects with reconstruction of refineries Reconstruction of oil refineries in order to produce oil products in EURO-4 and EURO-5 standards

Projects offered for participation of the Czech companies Development of Alternative Energy Sources (e.g. biogas, wind farms, solar panels, biofuel and etc.); Energy Conservation Technologies; Development of shale, heavy and bitumen oil fields; CDM projects under the Kyoto Protocol; Projects in FIEZ Navoi; Supply of equipment&services for oil and gas industry; Co-financing of the projects.

New opportunities for the German companies Investment program are including Perspective Investment Projects in cooperation with NHC “Uzbekneftegaz” These projects are directed for development of oil and gas chemistry, fields development, production from hydrocarbons The Czech companies can participate in this Projects Information about Projects you can find in the official websites of NHC “Uzbekneftegaz” www.ung.uz and the Ministry of Foreign Economic Relations, Investments and Trade www.investuzbekistan.uz

THANK YOU FOR ATTENTION! UZBEKNEFTEGAZ THANK YOU FOR ATTENTION! Telephones: (+99871) 233 57 57 (+99871) 236 02 10 (+99871) 233 40 64 Fax: (+99871) 236 77 71 (+99871) 233 40 64 Email: info@ung.uz Website: www.ung.uz