SOCAR and BP may start joint activity in Uzbekistan

SOCAR and BP may start joint activity in Uzbekistan
  • Clock-gray 10:26
  • calendar-gray 06 February 2020

Heads of SOCAR and BP will visit Uzbekistan this month in order to discuss main terms of Production Sharing Agreement (PSA) on the sidelines of development of local hydrocarbon fields, APA-Economics reports citing Energy Ministry of Uzbekistan.

Uzbekistan, which is interested in attracting foreign investment for development of natural gas reserves, conducts negotiations with 2 companies (SOCAR and BP – red.) on the 3 blocks in west part of Ustyurt region.

Mirsaid İbrahimzade

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