Tashkent, Uzbekistan, Apr. 20
By Demir Azizov- Trend:
The Russian oil company LUKOIL started the construction of Kandym Gas Processing Complex (KGPC) - a key production facility in development of the Kandym group of gas condensate fields located in the Bukhara Province in the south-west of the Republic of Uzbekistan, a representative of the Uzbekneftegaz National Holding Company told Trend.
The ceremony for laying the foundation stone was attended by Prime Minister of the Republic of Uzbekistan Shavkat Mirziyoyev, President of PJSC LUKOIL Vagit Alekperov and representatives of local authorities and contractors, according to the representative.
The first phase of the plant construction project envisages construction of a gas processing plant of Kandym group of fields with an annual production capacity of 7.819 billion cubic meters of marketable gas, 134,360 tons of stable gas condensate and 212,900 tons of elemental sulfur.
In addition, the project provides for development of 77 wells, construction of six plots, two collection points, pipelines to export gas, shift camp sites and external infrastructure.
The first phase of the project is scheduled for completion in December 2018.
It was earlier reported that in 2014, Russian Lukoil and the contracting consortium led by Hyundai Engineering (South Korea) signed a contract for the supply of equipment and construction of the Kandym gas processing plant in Uzbekistan, the total cost of which amounts to $2,662 billion.
Total investment in the project is estimated at more than $3 billion.
Lukoil has implemented the Kandym project since 2004 together with the National Holding Company Uzbekneftegaz under the production sharing agreement (PSA) for the development of the Kandym-Hauzak-Shady-Kungrad fields. Kandym group includes six gas condensate fields - Kandym, Kuvachi-Alat, Akkum, Parsankul, Khoji and Western Khoji.
Commercial production at the Hauzak site started in autumn 2007.