Oil and Gas Sector

18.06.2021

Uzbekistan builds sulphur cracker for natural gas

Uzbekneftegaz is implementing an investment project Modernization of a gas purification unit using zeolite at the Shurtan headworks worth US$15.25 million.

The unit for gas purification from sulphur compounds using zeolite consists of 5 blocks. The cleaned and dried gas is transferred to the propane-butane mixture production plant, and the regeneration...

Uzbekneftegaz is implementing an investment project Modernization of a gas purification unit using zeolite at the Shurtan headworks worth US$15.25 million.

The unit for gas purification from sulphur compounds using zeolite consists of 5 blocks. The cleaned and dried gas is transferred to the propane-butane mixture production plant, and the regeneration...

18.06.2021

Brent drops below $74/b on alleged overbidding

Crude oil prices fell on Thursday as the U.S. dollar strengthened after the Federal Reserve signalled it might raise interest rates faster than expected, but losses were limited by a big drop in U.S. crude oil inventories.

Brent crude oil futures dropped by 42 cents, or 0.6%, to $73.97 a barrel...

Crude oil prices fell on Thursday as the U.S. dollar strengthened after the Federal Reserve signalled it might raise interest rates faster than expected, but losses were limited by a big drop in U.S. crude oil inventories.

Brent crude oil futures dropped by 42 cents, or 0.6%, to $73.97 a barrel...

18.06.2021

North Sea natural gas prices up on supply pattern shift

The British wholesale gas price for day-ahead delivery rose on Thursday as flows were expected to be re-routed to the continent tomorrow and amid low wind output.

The day-ahead contract rose by 0.95 pence to 68.95 pence per therm by 0836 GMT.

"The important driver on the bullish side is the expectation for rerouting...

The British wholesale gas price for day-ahead delivery rose on Thursday as flows were expected to be re-routed to the continent tomorrow and amid low wind output.

The day-ahead contract rose by 0.95 pence to 68.95 pence per therm by 0836 GMT.

"The important driver on the bullish side is the expectation for rerouting...

17.06.2021

Talimarjon-11 well in Uzbekistan increases industrial output of hydrocarbons

On June 16, after the overhaul at the Talimarjon-11 well, the daily flow rate increased by 120 thousand cubic metres of natural gas.

On June 17, the well will be connected to the GTS to transport gas to the domestic market. All work is carried out in accordance with the established...

On June 16, after the overhaul at the Talimarjon-11 well, the daily flow rate increased by 120 thousand cubic metres of natural gas.

On June 17, the well will be connected to the GTS to transport gas to the domestic market. All work is carried out in accordance with the established...

17.06.2021

American companies show interest in Bukhara oil refinery

American companies are interested in the Bukhara oil refinery. This was reported by the press service of Uzbekneftegaz.

Recently, the company held negotiations with UOP Limited, a subsidiary of Honeywell and EXIM Bank, the official export credit agency of the United States.

Representatives of the American side have shown interest in supporting...

American companies are interested in the Bukhara oil refinery. This was reported by the press service of Uzbekneftegaz.

Recently, the company held negotiations with UOP Limited, a subsidiary of Honeywell and EXIM Bank, the official export credit agency of the United States.

Representatives of the American side have shown interest in supporting...


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