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Uzbekistan announces tender for construction of oil, gas wells

Uzbekistan Materials 14 September 2017 19:27 (UTC +04:00)

Tashkent, Uzbekistan, Sept. 14

By Demir Azizov– Trend:

Uzbek-Russian joint venture, Natural Gas-Stream LLC, has announced a tender to select a general contractor for the construction of 254 gas and 168 oil production wells and development of oil fields of Ozneftgazqazibchiqarish JSC, a representative of Natural Gas-Stream LLC told Trend.

Ozneftgazqazibchiqarish JSC is a unit of the Uzbekneftegaz National Holding Company.

The tender is being conducted by order of Uzbekneftegaz National Holding Company, and the Natural Gas-Stream LLC is the organizer of the tender.

Under the terms of the tender, the winner will build oil and gas production wells and develop fields on a turnkey basis.

The deadline for submitting the bids is October 12.

The tender is held as part of a five-year program to increase hydrocarbon production in Uzbekistan.

It was earlier reported that the program to increase hydrocarbon production in 2017-2021 was approved by a special resolution of Uzbekistan’s President Shavkat Mirziyoyev in March 2017.

The total increase in natural gas production will be 53.5 billion cubic meters, gas condensate – 1.1 million tons, oil – 1.9 million tons in Uzbekistan in 2017-2021.

The volume of investments for the program’s implementation will total $3.9 billion.

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