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Integrating Central Asia into the World Economy: The Role of Energy and Transport Ifrastructure Washington, DC October 22 and 23, 2007 Oil and Gas Development in Uzbekistan: Options and Prospects Akhmat Arslanov. TECHNOLOGY TRANSFER AGENCY, UZBEKISTAN.
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Integrating Central Asia into the World Economy: The Role of Energy and Transport IfrastructureWashington, DCOctober 22 and 23, 2007 Oil and Gas Development in Uzbekistan: Options and Prospects Akhmat Arslanov TECHNOLOGY TRANSFER AGENCY, UZBEKISTAN
Development of Oil & Gas Industry in Uzbekistan • Exploration of oil fields in Uzbekistan started in 1885; • Natural gas field found first in Uzbekistan in 1953; • Transcontinental pipelines built when Gazli gas field found and extortion started in 1962; • Following development of Oil & Gas industry is due to the increase in extortion of hydrocarbons in Uzbekistan.
Gas and Oil resources in Uzbekistan Up to day 203 hydro carbon fields found: • Gas and Gas Condensate fields -104; • Oil-Gas and Oil-Condensate Fields - 99; • Exploited- 48%; • Explored - 34%; • 8 fields include all main gas resources, 2 of them yet to be exploited; • 4 fields include all main oil resources, all of them are in exploitation; • Resources will allow to keep current extortion level: Gas – for 30 years Oil – for 21 years
Main Indicators of Uzbekistan Oil & Gas Industry in 2006 • Gas production - 55,6 mln cubic meters.; • Oil and Condensate Production - 5,4 mlntons; • Sulfur production -166,3 thousandtons.; • NGL production -225,9 thousand tons; • Polyethylene production- 125 thousand tons.
Power Intensity of GDP KWT/hour KJ India Iran USA Korea Russia Ukraine Turkey Pakistan Romania Canada Kazakhstan Uzbekistan World Bank Data
Gas Refinery • Gas refinery: - Mubarek Gas Processing Plant – more than 29 blncubic meters; - “Shurtaneftegas”- 12 blncubic meters; - Shurtan Gas Chemical Complex -4,5 blncubic meters. • Refinery products: - Dehydrated and purified gas; - Sulfur; - Condensate; - NGL; - Polyethylene.
Gas Transportation System Total extent of 13 thousand km; carrying capacity 55 blncubic meters
Gas Exports • Gas export in2006 -11,8 bln cubic meters (current price - $100 per thousand cubic meters) Gazprom- 9 bln cubic meters; Kazakhstan - 1,45 bln cubic meters; Kyrgyzstan - 0,7 bln cubic meters; Tadjikistan- 0,65 bln cubic meters . • Gas export planned for 2007 - 14,3 bln cubic meters Russia - 13 bln cubic meters (including KazMunaiGas SWAP operation - 3,5 bln cubic meters ); Kyrgyzstan - 0,7 bln cubic meters; Tadjikistan- 0,65 bln cubic meters .
Oil and Condensate Production • Oil and condensate produced by 3 Plants: - Altiarik Refinery, Lubricants oriented production 3,2 mln tones; - Ferghana RefineryFuels oriented production 5,5 mln tones; - Bukhara RefineryFuels oriented production 2,5 mln tones.
Investment climate • Favorable Investment Climate built for Oil & Gas industry, including preferences and privilege, further conditions improvement planned; • Realization of 78 projects included into Uzbekistan Investment Program for 2007 attracting $ 1 billion of foreign investments.
Investment Climate • Duty for use of mineral resources decreased in January 2007: • Oil production- from 35% to 20%; • Gas condensate -from 32% to 20%; • Natural gasfrom - 58% to 30%. • Excise-duty decreased in January 2007: • Gasoline-from 45% to 28%; • Diesel -from 40% to 25%; • Kerosene- from 20% to 8%.
Investment Effectiveness and Dynamics at NHC “Uzbekneftegaz”
CDM prospects in Uzbekistan (Oil & Gas) • CDM National Body founded at Ministry of Economics of Uzbekistan in December 2006; • Number of PINs related to gas flaring at oil fields and reduction of gas loses during transportation were developed and registered; • There is big potential in decreasing energy consumption within oil and gas production and transportation; • PINs for 5 more projects are at preparation stage today.
Gas flaring in Uzbekistan Satellite photo (World Bank)
Oil and Gas Development in Uzbekistan: Options and Prospects THANK YOU FOR YOUR ATTENTION TECHNOLOGY TRANSFER AGENCY, UZBEKISTAN