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Uzbekistan creates JV to design strategic industries

Oil&Gas Materials 17 May 2011 15:34 (UTC +04:00)

Uzbekistan, Tashkent, May 17 / Trend D. Azizov /

UzLITIneftegaz, an Uzbekneftegaz structural unit, Institute Uztyajneftegazhimproekt and the British WorleyParsons created WorleyParsons Uzbekistan Engineering JV to design strategic industries.

In May 2010, WorleyParsons, Uztyajneftegazhimproekt institute and UzLITIneftgaz signed a memorandum to establish the JV.

WorleyParsons Uzbekistan Engineering will prepare new large high-tech projects in the oil, gas, petrochemical, chemical and energy industries in Uzbekistan, including the development of feasibility studies and technical support for implementing them.

Moreover, the JV will develop projects on the modernization and technical and technological reequipment of production enterprises.

The JV will also search and develop new project ideas and technical solutions to process natural resources by using the advanced technologies and working with foreign partners, as well as training Uzbek specialists.

Uzbekistan is one among the top 10 largest gas producers in the world.
It produces about 60 billion cubic meters of natural gas annually.

Uzbekneftegaz is a monopoly operator of Uzbek oil and gas sector. It was established in 1998. It comprises six joint stock companies.

Worley Parsons specializes in rendering consulting services in power engineering, mining and oil processing industry. The company has offices in 33 countries.

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