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Uzbekistan commissions booster compressor station on gas field

Business Materials 23 December 2015 12:52 (UTC +04:00)

Tashkent, Uzbekistan, Dec. 23

By Demir Azizov- Trend:

The Uzbekneftegaz National Holding Company (NHC) has commissioned a booster compressor station at Alan gas field in Kashkadarya region (south of Uzbekistan), the press service of Uzbekneftegaz reported.

The message said that the introduction of the booster compressor station will increase gas production at the Alan field and "will make it possible to support the nominal conditions of trade preparation of the gas before it is fed to the Mubarek gas compressor plant."

Construction of the booster compressor station at the Alan field on a "turnkey" was carried out by Russian Kazan Motor Building Production Association OJSC.

The project of additional development of Alan field worth $250.2 million, envisages the development of 27 operational wells and construction of the booster compressor station with the capacity of five billion cubic meters of gas per year.

The project's funding is carried out at the expense of Uzbekneftegaz in the amount of $154.29 million, a loan from the Fund for Reconstruction and Development of Uzbekistan - $53.49 million, as well as loans from local and foreign banks.

The project is scheduled for completion in 2016.

Alan gas field was commissioned in the second half of 1970s. The field's reserves are not disclosed.

Currently, Uzbekneftegaz actively implements a program aimed at increasing the production of hydrocarbons at several fields, the reserves of which are depleted. It is scheduled to implement projects for further development of oil and gas fields at total cost of $2.35 billion in Uzbekistan by the end of 2020.

Uzbekneftegaz is the monopoly operator of the oil and gas sector of Uzbekistan. The company was established in 1998 and comprises six joint stock companies.

Uzbekistan holds third place among the CIS countries for the production of natural gas and is among the ten largest gas-producing countries in the world. Every year, the country produces more than 60 billion cubic meters of natural gas, about 25 percent of which is exported.

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