Oil and Gas Sector

20.11.2019

Epsilon continues construction of gas pipelines in cooperation with Uzbekneftegaz

As of November 19, 13,700 t (84.2 km) of pipes were shipped and 9,900 t (60.5 km) were delivered; 17.3 km of trenches were dug, 22.8 km of pipes were welded into a sting and 3.1 km of pipes were laid.

Over the past day, 600 t (3.5 km) of pipes...

As of November 19, 13,700 t (84.2 km) of pipes were shipped and 9,900 t (60.5 km) were delivered; 17.3 km of trenches were dug, 22.8 km of pipes were welded into a sting and 3.1 km of pipes were laid.

Over the past day, 600 t (3.5 km) of pipes...

20.11.2019

Brent edges further down on ample supplies, doubts over demand

Oil fell for a second day on Tuesday, dropping below $62 a barrel on limited progress toward resolving the U.S.-China trade dispute, higher than expected Norwegian oil output and forecasts of rising U.S. crude inventories.

A Chinese government source was quoted by CNBC on Monday as saying there was gloom in...

Oil fell for a second day on Tuesday, dropping below $62 a barrel on limited progress toward resolving the U.S.-China trade dispute, higher than expected Norwegian oil output and forecasts of rising U.S. crude inventories.

A Chinese government source was quoted by CNBC on Monday as saying there was gloom in...

20.11.2019

Demand slump sends North Sea region’s natural gas prices down

British prompt wholesale gas prices were mostly lower on Tuesday morning amid expectations of weakening demand in the coming days.

Within-day gas price fell 0.15 p at 39.00 p/therm by 0954 GMT, while weekend gas was down 0.50 p at 37.00 p/therm.

Temperatures are expected to get start rising from Wednesday, which...

British prompt wholesale gas prices were mostly lower on Tuesday morning amid expectations of weakening demand in the coming days.

Within-day gas price fell 0.15 p at 39.00 p/therm by 0954 GMT, while weekend gas was down 0.50 p at 37.00 p/therm.

Temperatures are expected to get start rising from Wednesday, which...

19.11.2019

Production rate of new well at Uzbek Devkhona field amounts to 500,000 m³ of gas per day

On November 18, after completing tests of new Devkhona-6 production well and conducting fracking in cooperation with Uzbekneftegaz, Epsilon obtained industrial gas inflow.

All produced gas will be routed to the domestic market to cover the population’s needs.

Reported by KUN (Uzbekistan).

...

On November 18, after completing tests of new Devkhona-6 production well and conducting fracking in cooperation with Uzbekneftegaz, Epsilon obtained industrial gas inflow.

All produced gas will be routed to the domestic market to cover the population’s needs.

Reported by KUN (Uzbekistan).

...
19.11.2019

Uzbekistan posts decline in hydrocarbon output

According to the State Statistics Committee, in January-October 2019, production of gasoline in the country declined compared to the same period last year.

It was noted that during the same period in 2018, Uzbekistan produced 966,800 tons of gasoline, and in 2019 839,500 tons.

Diesel fuel production also declined. In 2018, the...

According to the State Statistics Committee, in January-October 2019, production of gasoline in the country declined compared to the same period last year.

It was noted that during the same period in 2018, Uzbekistan produced 966,800 tons of gasoline, and in 2019 839,500 tons.

Diesel fuel production also declined. In 2018, the...


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