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Gazprom and Uzbekistan discuss joint projects

Background

Gazprom's main partner in Uzbekistan is Uzbekneftegaz, focused on oil and gas prospecting, production, processing, transportation, storage and marketing.

In 2017, Gazprom and Uzbekneftegaz signed the Agreement of Strategic Cooperation.

In May 2018, the companies inked the Supplementary Agreement No. 2 to the Production Sharing Agreement for the follow-up development of the Shakhpakhty field. According to the document, the parties will continue to produce gas until 2024.

Gazprom's interests in Uzbekistan are represented by Gazprom EP International B.V., a specialized vehicle of Gazprom aimed at implementing hydrocarbon prospecting, exploration and development projects outside Russia. In October 2018, Gazprom EP International and the Ministry of Energy of the Republic of Uzbekistan signed the Production Sharing Agreement with regard to the Dzhel natural gas field.