Thursday, 25, July, 2024

The Ministry of Energy and Gazprom yesterday discussed the implementation of Jel field development project under the production sharing agreement (PSA) terms, as well as cooperation in the field of standardization and modernization of gas mains, the Ministry of Energy said in a statement.

Negotiations with a Gazprom delegation led by Vitaly Markelov, the company deputy chairman took place on January 29 in Tashkent.

“In September 2019, the terms of reference (TOR) for preparing Jel field development project under the production sharing agreement (PSA) terms had been agreed, then UzLITIneftgaz developed this project and on January 14, 2020, a meeting of the sectoral scientific and technical council of Uzbekneftegaz for consideration the TOR was held on the project feasibility study,” the statement said.

The parties at the meeting emphasized the importance of cooperation in the areas of standardization and conformity assessment. In particular, the drafting of a memorandum between Uzbekneftegas and Gazprom on cooperation in the areas of technological development, standardization as part of conformity assessment work in the INTERGAZSERT voluntary certification system,” the ministry said.

The Ministry of Energy and Gazprom also discussed the development of gas mains. The senior official of the Ministry reportedly expressed gratitude to Gazprom “for successful cooperation in the field of exchange of experience, personnel training and re-training. It was noted that 78 Uzbekistan experts were trained at the courses organized by the Russian company, and work is underway to plan such courses for 2020.

Gazprom International (a Gazprom subsidiary) and Uzbekistan entered into PSAs on the Jel field development project in October 2018. The agreement validity is 25 years. The company plans to start producing gas at the Jel field in 2021. The annual gas production at the field will be 150 million cubic meters (MCM) during 2021–2024 with an output of 300 MCM starting in 2025. The estimated cost of the project is US$ 200 million.

Latest in National

2024-07-22