Agence France Presse quotes Umidjon Israilov, head of the foreign investment department at Uzbekneftegaz, Uzbekistan's state-run energy company, as saying that the deal is worth $280 million.
Israilov said the deal is to be signed in March 2006.
Uzbekneftgaz, Russia's LUKoil, the China National Petroleum Corporation, and Malaysian and South Korean firms signed a consortium agreement earlier this year. The consortium is to set up exploration projects in Uzbekistan's western Ustyrt region.
(AFP)
THE COMPLETE STORY: Click on the icon to view a dedicated webpage bringing together all of RFE/RL's coverage of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
Israilov said the deal is to be signed in March 2006.
Uzbekneftgaz, Russia's LUKoil, the China National Petroleum Corporation, and Malaysian and South Korean firms signed a consortium agreement earlier this year. The consortium is to set up exploration projects in Uzbekistan's western Ustyrt region.
(AFP)
Central Asia In Focus
Central Asia In Focus
THE COMPLETE STORY: Click on the icon to view a dedicated webpage bringing together all of RFE/RL's coverage of Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
