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Uzbekneftegaz JSC accelerates implementation of new investment project

Uzbekistan Materials 16 September 2022 17:52 (UTC +04:00)
Natavan Rzayeva
Natavan Rzayeva
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BAKU, Azerbaijan, September 16. Uzbekneftegaz JSC accelerated implementation of the new investment project with a total cost of $701.4 million, Trend reports via the company.

The project is aimed at conducting exploration work on the Sechankul, Akjar and Chimbay investment blocks, as well as the development of the fields Urga, Akchalak and Chandyr groups.

To date, within the framework of the project, the drilling of 27 wells has been completed.

As a result of the implementation of the project, by the end of 2022, the expected annual volume of natural gas production will be 1.095 billion cubic meters and 27,200 tons of gas condensate.

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