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Uzbekistan produces over 15 million cubic meters of gas

Oil&Gas Materials 16 April 2019 14:38 (UTC +04:00)

Baku, Azerbaijan, April 16

By Fakhri Vakilov – Trend:

Uzbekistan reduced the production of gasoline by 21 percent in January-March 2019 to 244,800 tons compared to the same period of 2018, Trend reports with reference to the State Statistics Committee of Uzbekistan.

In January-March 2019, the volume of diesel fuel production amounted to 267,400 tons, which is 8.2 percent higher compared to the same period of 2018.

Moreover, Uzbekistan reduced oil production by 6.4 percent in January-March 2019 compared to the same period of 2018 - to 174,700 tons.

Natural gas production during the reporting period amounted to about 15.31 billion cubic meters, which is 4.1 percent more compared to the same period of 2018.

Uzbekistan for 3 months of 2019 produced more than 523,700 tons of gas condensate, which is 2 percent less compared to the same period of 2018.

Earlier Trend reported Uzbekneftegaz JSC, plans to attract $1 billion as a result of the placement of Eurobonds.

To raise funds in the debt markets, the company intends to receive an international credit rating.

The company intends to allocate funds from the placement of a bond loan, in particular, to the development of geological exploration and oil and gas production.

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