27th International Caspian Oil & Gas Exhibition

2 - 4 June 2020 • Baku Expo Center

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CASPIAN OIL & GAS - Dynamic development of the Uzbekistan-Azerbaijan relations in the oil and gas sector

Dynamic development of the Uzbekistan-Azerbaijan relations in the oil and gas sector
01.06.2019

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Narbek Yuldashev, representative of Uzbekneftegaz

- The oil and gas industry of Uzbekistan is represented by a delegation of Uzbekneftegaz JSC. On May 29, President of the Republic of Azerbaijan Ilham Aliyev visited the stand of enterprises and organisations of the oil and gas industry of Uzbekistan. First Deputy Chairman of the Board of JSC "Uzbekneftegaz" Ulugbek Sayidov thanked the President Aliyev for his attention and spoke about the dynamic development of the Uzbekistan-Azerbaijan relations in the oil and gas sector, including current projects with the State Oil Company of Azerbaijan, SOCAR.

It was emphasized that within the framework of the 23rd International Uzbekistan Oil & Gas Exhibition and Conference, OGU-2019, a joint trilateral agreement was signed between Uzbekneftegaz, SOCAR and BP to assess the exploration potential of three investment blocks in the Ustyurt region using advanced technology. An agreement was also signed there with the division of SOCAR - NIPI NEFTEGAZ LLC. The document defines the main conditions for cooperation to increase hydrocarbon production at the Garbiy Tashli and Sharkiy Tashli, Shimoliy Shurtan and Garmiston fields of the Republic of Uzbekistan using the advanced methods and technologies of SOCAR.

Close cooperation has been established between Uzbekneftegaz and SOCAR in the training and retraining of specialists, and the oil and gas scientists of the two countries regularly exchange experience and knowledge.

Participation in Caspian Oil & Gas 2019 is fruitful and successful, and the President of Azerbaijan wished Uzbekneftegaz and SOCAR new contacts and promising projects.


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