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Uzbekistan to Sign $1 Billion Production Sharing Deal with GazpromUzbekistan’s national energy company Uzbekneftegaz will sign a production sharing agreement worth $1 billion with Russian gas giant Gazprom in March 2006, vesti.uz reported on 7 December, citing Uzbekneftegaz deputy head Shavkat Majidov. The agreement will entail developing gas fields in Uzbekistan’s northwestern Ustyurt Plateau. According to U.S. Energy Department figures, Uzbekistan is the second largest gas producer in the former Soviet Union. (www.vesti.uz, December 7; www.energy.gov) -- 12/20/2005 |
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