Oil and Gas Sector

21.09.2023

Tyumen Oil and Gas Cluster puts priority on Uzbekistan's market

The Oil and Gas Cluster association from the Tyumen region of Russia pays increased attention to the markets of Uzbekistan and Egypt. Alexander Vasiliev, the organisation's development director, told the TASS news agency.

"The first is working on domestic markets and solving their challenges. The second is assistance in entering foreign...

The Oil and Gas Cluster association from the Tyumen region of Russia pays increased attention to the markets of Uzbekistan and Egypt. Alexander Vasiliev, the organisation's development director, told the TASS news agency.

"The first is working on domestic markets and solving their challenges. The second is assistance in entering foreign...

21.09.2023

Brent gets close to $95/b threshold as output dwindles

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.

U.S. West Texas Intermediate crude futures rose 90 cents, or 1%, to $92.38, by 0018 GMT, just...

Oil prices rose on Tuesday for the fourth consecutive session, as weak shale output in the U.S. spurred further concerns about a supply deficit stemming from extended production cuts by Saudi Arabia and Russia.

U.S. West Texas Intermediate crude futures rose 90 cents, or 1%, to $92.38, by 0018 GMT, just...

21.09.2023

Natural gas benchmarks in quiet waters on supply stalemates

Dutch and British wholesale gas prices traded mostly sideways on Tuesday morning as the market awaits the return of Norwegian fields from maintenance and amid a lack of news on strikes at Australian liquefied natural gas (LNG) plants.

The Dutch October contract was up by 0.37 euro at 34.40 euro per megawatt...

Dutch and British wholesale gas prices traded mostly sideways on Tuesday morning as the market awaits the return of Norwegian fields from maintenance and amid a lack of news on strikes at Australian liquefied natural gas (LNG) plants.

The Dutch October contract was up by 0.37 euro at 34.40 euro per megawatt...

21.09.2023

Lukoil pays Uzbekistan under production sharing agreement

Lukoil Uzbekistan Supply and Trading paid $103.1m to Uzbekistan in the first half of this year, according to a report by the Ministry of Economy and Finance. The company is engaged in gas production on the territory of the republic.

The money was received under a production sharing agreement (PSA). Lukoil...

Lukoil Uzbekistan Supply and Trading paid $103.1m to Uzbekistan in the first half of this year, according to a report by the Ministry of Economy and Finance. The company is engaged in gas production on the territory of the republic.

The money was received under a production sharing agreement (PSA). Lukoil...

21.09.2023

Gas production in Uzbekistan continues to decline

Gas production in Uzbekistan at the end of eight months of this year reached 31.4 billion cubic metres, which is 9.2% less than in the same period of 2022. This is stated in the report of the Statagency.

The country's enterprises also reduced the production of gas condensate by 6.8%, to...

Gas production in Uzbekistan at the end of eight months of this year reached 31.4 billion cubic metres, which is 9.2% less than in the same period of 2022. This is stated in the report of the Statagency.

The country's enterprises also reduced the production of gas condensate by 6.8%, to...


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