BAKU, Azerbaijan, Jan. 13
By Klavdiya Romakayeva - Trend:
The state share in Neftegaztadkigot OJSC (Oil and Gas Research OJSC) in the amount of 36 percent was sold for 1.7 billion soums ($166,670), Trend reports referring to kapital.uz news portal.
According to the information, the buyer of the shares was Marv Imkon in Bukhara.
It was noted that the trades were held at the open trading site of Toshkent Republican Stock Exchange.
The exchange trading in 36 percent of state shares in the authorized capital of Oil and Gas Research JSC continues with a decrease in the share price by 40 percent in accordance with the resolution of the president of Uzbekistan
On January 11, 2021, the exchange noted that a transaction was registered on these shares. According to the exchange, 177,972 ordinary shares in the authorized capital of Oil and Gas Research OJSC were sold for 9,792 soums ($0.94), for a total of 1,742,863,778.52 soums ($166,670).
It was reported that clearing operations under this agreement will be carried out on January 13.
Oil and Gas Research JSC has existed since the beginning of the commissioning of the first oil and gas fields located in the Bukhara region (1959). The main purpose of creating the enterprise is to conduct research work aimed at improving the production technology, preparation for transportation, and transportation of oil, gas, and gas condensate. In 1964, the enterprise under the name "Central Research Laboratory" becomes a structural unit of Bukhara Neftegaz production association
In 1995, the enterprise was reorganized into Oil and Gas Research Open Joint Stock Company.
The activities of Oil and Gas Research OJSC are carried out in the fields of oil and gas producing enterprises of Uzbekneftegaz National Holding Company.
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