Uzbekistan news for March 01, 2010

In this issue:

2 Corporate news
2 Russia’s Lukoil ups gas reserves at Uzbekistan deposit by 20 bcm
2 Ipoteka Bank places shares for 15.293 bn soums
2 Net income of Ahangarancement rises by 16.39% in 4Q 2009
2 Last week’s major legislation news
3 Industry news
3 Uzbekistan ups cereal production by 10 percent in 2009
3 Passenger transportation in Uzbekistan grows by 8.2% in 2009
4 Politics and Economics
4 Uzbekistan uses investments for 12.531 trln soums in 2009
4 Uzbekistan takes measures to improve antimonopoly regulation, develop competition
4 Upcoming events
5 UzSE
6 Real Estate commercial offers
7 Tenders list
8 AFS Research productline
9 AFS Research services
 

Russia’s Lukoil ups gas reserves at Uzbekistan deposit by 20 bcm
 

Russian oil major Lukoil has increased commercial reserves of natural gas at the Khauzak-Shady deposit in southwest Uzbekistan by 20 billion cubic meters, Lukoil subsidiary Lukoil Uzbekistan Operating Company, which is the operator of the project, said in a statement Thursday.
Specifically, Lukoil transferred some gas reserves under the C1 category and C2 category to oil reserves under the B category.
Lukoil started production at the Khauzak-Shady deposit in 2007 as part of the Kandym-Khauzak-Shady-Kungrad gas project, in which Lukoil holds a 90% stake and Uzbek national holding company Uzbekneftegaz holds a 10% stake. (Prime-Tass)
 

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