Oil and Gas Sector

20.03.2019

Epsilon Development Company increases natural gas production in Uzbekistan

On 17 March, Epsilon Development Company obtained industrial gas inflow from well No. 2 of the Talimardjan field, which is part of the Kultak-Kamashi investment block, in the amount of 200,000 cubic meters per day.

This indicator was achieved after carrying out the relevant work and cleaning the well bottom zone....

On 17 March, Epsilon Development Company obtained industrial gas inflow from well No. 2 of the Talimardjan field, which is part of the Kultak-Kamashi investment block, in the amount of 200,000 cubic meters per day.

This indicator was achieved after carrying out the relevant work and cleaning the well bottom zone....

20.03.2019

Crude benchmark prices peak on OPEC consistency, sanctions failure

Oil prices were little changed after hitting 2019 highs on Tuesday, maintaining recent strength on the back of expectations for OPEC to continue production cuts.

U.S. oil prices have climbed 9 percent in the last six weeks, as the supply cuts are now expected to continue through the rest of 2019....

Oil prices were little changed after hitting 2019 highs on Tuesday, maintaining recent strength on the back of expectations for OPEC to continue production cuts.

U.S. oil prices have climbed 9 percent in the last six weeks, as the supply cuts are now expected to continue through the rest of 2019....

20.03.2019

North Sea regional gas prices pick up on supply woes, strikes pending

British wholesale gas prices picked up from 18-month lows on Tuesday, as an unplanned outage reduced supplies slightly from Norway and buyers braced for a potential impact of labour strikes due at some platforms.

The within-day gas price rose 0.75 pence to 38.75 p/therm by 0850 GMT.

The day-ahead price had yet...

British wholesale gas prices picked up from 18-month lows on Tuesday, as an unplanned outage reduced supplies slightly from Norway and buyers braced for a potential impact of labour strikes due at some platforms.

The within-day gas price rose 0.75 pence to 38.75 p/therm by 0850 GMT.

The day-ahead price had yet...

19.03.2019

American Epsilon receives another industrial gas flow in Kashkadarya region

Epsilon Development Company (USA) has received an industrial gas flow of 200,000 cubic meters per day from well No.2 at the Talimarjan field (Karshi district, Kashkadarya region), the company reported on Sunday.

The field is part of the Kultak-Kamashi investment block, where the industrial flow of gas from well No.1 was...

Epsilon Development Company (USA) has received an industrial gas flow of 200,000 cubic meters per day from well No.2 at the Talimarjan field (Karshi district, Kashkadarya region), the company reported on Sunday.

The field is part of the Kultak-Kamashi investment block, where the industrial flow of gas from well No.1 was...

19.03.2019

Uzbekneftegaz, Air Products explore possibility to produce helium from natural gas

Energy Ministry Alisher Sultanov met with President of Air Products Corporation (USA), Mr. Seyfi Ghasemi.

Air Products and Uzbekneftegaz signed an Agreement on the conditions for the establishment of a joint venture for the production of technical gases and a Memorandum of understanding to study the possibility of organizing the production...

Energy Ministry Alisher Sultanov met with President of Air Products Corporation (USA), Mr. Seyfi Ghasemi.

Air Products and Uzbekneftegaz signed an Agreement on the conditions for the establishment of a joint venture for the production of technical gases and a Memorandum of understanding to study the possibility of organizing the production...


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