Lukoil to finish 1st stage of Uzbek gas processing plant in Dec - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Lukoil to finish 1st stage of Uzbek gas processing plant in Dec

TASHKENT, Jun 14 (PRIME) -- Russian oil major Lukoil will finish construction of the first stage of a U.S. $2.66 billion gas processing plant at the Kandym group of fields in Uzbekistan in December, Bakhodyr Siddikov, director at Uzbek national holding Uzbekneftegaz’ unit Neftegazinvest, said on Wednesday at a session of the Tashkent international press club.

“Regarding the project, we’ve decide to speed up implementation of the project together with the Russian partner. The first stage, initially planned for June 2018, will be finished in December 2017,” he said, adding that 93% of the planned equipment have been delivered to the construction site.

In 2015, Lukoil and a consortium led by Hyundai Engineering signed a contract for equipment and construction of the Kandym gas processing facility. The plant will have a processing capacity of 8.1 billion cubic meters of natural gas. The first stage also includes construction of 77 project wells, six multiple well platforms, two assembly units, an export gas pipeline, and other infrastructure with investment standing at $3.3 billion.

End

14.06.2017 18:47
 
 
Share |
To report an error select text and press Ctrl+Enter
 
 
Central Bank Official Rate
1W 1M 1Y
USD
EUR 98.0270 -0.6917 28 apr
USD 91.7791 -0.2343 28 apr
Stock Market Indices
1D 1W 1M 1Y
MICEX
micex 3486.30 +0.24 18:50 30 apr
Stock Quotes in RUR
1D 1W 1M 1Y
GAZP
gazp 164.03 0.00 23:50 30 apr
lkoh 8152.00 0.00 23:50 30 apr
rosn 582.00 -0.20 23:50 30 apr
sber 308.24 -0.24 23:50 30 apr
MICEX Ruble Trading
1D 1W 1M 1Y
USDTD
EURTD 97.7950 0.0000 05:00 30 apr
USDTD 91.5550 0.0000 05:00 30 apr