print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases  GAZPROM REGISTER LOG IN

Press Releases > GAZPROM  all about the company

company search
all press releases
all GAZPROM press releases

GAZPROM

December 21, 2007

On working visit to Uzbekistan

A Gazprom delegation chaired by Alexey Miller, Chairman of the Gazprom Management Committee has paid a visit to the Republic of Uzbekistan.

Within the visit Alexey Miller met with Islam Karimov, President of the Republic of Uzbekistan and Rustam Azimov, Deputy Prime Minister, Minister of Finance of the Republic of Uzbekistan.

The parties discussed the prospects of cooperation in the gas sector.

Reference:

The Uzbekneftegaz National Holding Company and Gazprom entered into the Strategic Cooperation Agreement on 17 December 2002. Among other things, the Agreement stipulates long-term procurement of Uzbek gas over 2003 to 2012, Gazprom’s involvement under the production sharing agreement (PSA) terms in natural gas withdrawal projects in Uzbekistan as well as cooperation in the Uzbek gas transmission infrastructure development and Central Asian gas transmission via the Republic. Cooperation under the PSA terms to maintain gas extraction at the Shakhpakhty field is a pilot gas production project, with the PSA effective since 14 April 2004. Said 0.5 bcm/y project opens way towards implementing under the identical terms a larger gas project in Uzbekistan’s Ustyurt region.

On 5 February 2005 Gazprom and Joint-Stock Company Uztransgaz sealed a midterm Agreement on natural gas transmission via the Republic of Uzbekistan over 2006 to 2010, pursuing the objective of transporting Central Asian natural gas, primarily of Turkmen origins, by the Central Asia – Center (CAC) and Bukhara – Ural gas transmission networks running through Uzbekistan.

On January 25, 2006 in the frames of the consistent execution of the field development project of the Usturt region of the Republic of Uzbekistan the parties signed the following documents:

Accord on the major principles and provisions of PSA for the Urga, Kuanysh and Akchalak group of fields in Uzbekistan’s Ustyurt region;

Agreement on the major principles of geological survey for Uzbekistan’s Ustyurt investment blocks and subsequent field development under the PSA terms.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer