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Economy 03/09/2008 Lukoil plans to extract 12bn cu.m of gas at two Uzbek fields annually

"We are sure that these major projects, which, according to our estimate, will require another some US$5 billion of investments, will make it possible to extract more than 12 billion cubic meters of gas a year," he said.

"We are also considering an opportunity with our Uzbek colleagues to construct an integrated plant for deep processing of our gas product," Alekperov added.

"The company has already invested over US$1.5 billion in the economy of Uzbekistan; we have already been producing about 3 billion cubic meters of gas a year at our first facility at Hauzak Shodi," he said.
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