Uzbekneftegaz, Mit­subishi Corp. Dis­cuss Co­op­er­a­tion in Hy­dro­car­bon In­dus­try

Uzbekistan Today (English) - - ACTUAL -

The Act­ing Chair­man of the Board of Uzbekneftegaz JSC Bahrom Ashrafkhanov met 25 Septem­ber with Kazuo Inada, Se­nior Vice Pres­i­dent, Deputy Re­gional Man­ag­ing Di­rec­tor of Mit­subishi Cor­po­ra­tion.

The high qual­ity and prac­ti­cal­ity of equip­ment man­u­fac­tured by Mit­subishi are well known all over the world, in­clud­ing to the spe­cial­ists of Uzbekneftegaz.

Dur­ing the meet­ing Bahrom Ashrafkhanov noted that the com­pres­sor equip­ment by Mit­subishi Corp. has been suc­cess­fully used for about 20 years at the Shur­tan Gas Chem­i­cal Com­plex. Tak­ing into ac­count the re­li­a­bil­ity and high per­for­mance char­ac­ter­is­tics of the ma­chin­ery from this com­pany, the sides dis­cussed sup­ply­ing com­pres­sor de­vices as part of a GTL project un­der im­ple­men­ta­tion.

Uzbekneftegaz JSC ac­quainted the Ja­panese part­ners with the ef­forts un­der­taken jointly with Bos­ton Con­sult­ing Group on the elab­o­ra­tion of the Con­cept for the De­vel­op­ment of Oil and Gas In­dus­try through to 2030, which en­vis­ages the re­al­iza­tion of in­vest­ment projects for deep pro­cess­ing of nat­u­ral gas.

In turn, the Ja­panese part­ners ex­pressed in­ter­est in par­tic­i­pat­ing in projects spear­headed by Uzbekneftegaz.

Kazuo Inada also fa­mil­iar­ized the Uzbek spe­cial­ists with the pos­si­bil­ity of rais­ing funds from the Ja­pan Bank for In­ter­na­tional Co­op­er­a­tion (JBIC) and the Ja­pan In­ter­na­tional Co­op­er­a­tion Agency (JICA) to fi­nance in­vest­ment projects.

Fol­low­ing the meet­ing, the par­ties agreed on the es­tab­lish­ment of a joint work­ing group to work out con­crete pro­pos­als for co­op­er­a­tion in the oil and gas sec­tor.

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