Gazprom and Uzbek authorities express appreciation for energy partnership

RELEASE

A Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a visit to the Republic of Uzbekistan today. Tashkent hosted working meetings of Alexey Miller with Uzbekistan’s President Shavkat Mirziyoev and Prime Minister Abdulla Aripov.

The meeting participants expressed appreciation for the bilateral partnership in the energy sector. It was noted that Gazprom and Uzbekneftegaz National Holding Corporation successfully cooperated in gas prospecting and production within Uzbekistan, including at the Shakhpakhty field. The meeting resulted in an agreement to develop a joint plan for geological exploration in Uzbekistan and to promote exchange of experience in design operations management and skilled workforce training for the gas industry.

The parties discussed Gazprom’s natural gas procurements from Uzbekistan and the implementation of Uzbekistan-based investment projects.

Background

Uzbekneftegaz is a national holding corporation focused on oil and gas prospecting, productionprocessingtransportation, storage, and marketing.

In 2002, Gazprom and Uzbekneftegaz signed the Agreement of Strategic Cooperation providing for Gazprom's participation in natural gas production projects within Uzbekistan under PSA conditions.

Since 2004, Gazprom has taken part in the PSA-based gas production recovery process at the Shakhpakhty field.

In 2006, Gazprom and Uzbekneftegaz inked the Agreement on the basic principles of geological exploration at investment blocks in the Ustyurt region of Uzbekistan. Gazprom International was appointed as the project operator. In the course of geological exploration, the Dzhel gas and condensate field was discovered within the Shakhpakhty block in 2009.

In 2016, Gazprom purchased around 6.2 billion cubic meters of natural gas from Uzbekistan.