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BP reveals volumes of Uzbek oil, gas reserves

Oil&Gas Materials 14 June 2017 11:19 (UTC +04:00)

Tashkent, Uzbekistan, June 14

By Demir Azizov– Trend:

Uzbekistan’s proven oil reserves totaled 100 million tons, natural gas reserves - 1.1 trillion cubic meters in 2016, which is the same as in 2015, according to the BP Statistical Review of World Energy published June 13.

Uzbekistan in 2016 reduced oil production by 3.1 percent - to 2.6 million tons, according to BP. On average, Uzbekistan produced 55,000 barrels of oil per day (3.1 percent decrease compared to the volume of oil the country produced in 2015).

The volume of oil consumption in Uzbekistan last year increased by 0.7 percent (to slightly over 2.8 million tons) compared to the oil consumption volume in 2015. Average daily oil consumption in Uzbekistan in 2015 was 59,000 barrels.

According to BP calculations, Uzbekistan produced 62.8 billion cubic meters of natural gas in 2016, which is 8.4 percent more compared to the volume of natural gas the country produced in 2015 (57.7 billion cubic meters). Gas consumption in Uzbekistan in 2016 was 51.4 billion cubic meters compared to 50.2 billion cubic meters in 2015 (2 percent increase).

Coal reserves in Uzbekistan exceeded 1.37 billion tons in 2016, which accounts for 0.1 percent of global coal reserves, according to BP. Last year, Uzbekistan produced 1.1 million tons of coal, which is 1.8 percent less than in 2015. Consumption of coal in Uzbekistan last year decreased by 10.1 percent - to one million tons.

Electricity generation capacities in Uzbekistan in 2016 increased by 1.9 percent compared to 2015 - to 58.9 terawatt-hours.

Energy consumption in Uzbekistan in 2016 increased to 52.7 million tons of oil equivalent (TOE) from 51.7 million TOE in 2015. Of this volume, 46.2 million TOE (45.2 million TOE in 2015) accounted for natural gas, 2.8 million TOE (2.7 million TOE in 2015) accounted for oil, 1 million TOE (1.1 million TOE in 2015) accounted for coal and 2.7 million TOE (2.7 million TOE in 2015) - for hydroelectric power.

The volume of carbon dioxide emissions in Uzbekistan was 117 million tons in 2016, which is 1.4 percent more than in 2015.

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