Uzbekneftegaz, French Institute of Petroleum Intent on Cooperation in Several Areas
In the framework of the official visit of President of the Republic of Uzbekistan Shavkat Mirziyoyev to France, negotiations took place on October 8 by the acting Chairman of the Board of Uzbekneftegaz JSC Bahrom Ashrafkhanov with Vice President of the French Petroleum Institute IFP Energies Nouvelles (IFPEN) Pierre-Henri Bigeard.
During the meeting, the sides discussed issues on the further development of bilateral relations and signed a cooperation memorandum, defining the framework and directions of future relations in the oil and gas sector, both with the Institute itself and with its affiliated companies.
In accordance with the memorandum, the parties plan to consider a number of areas for cooperation. They include scientific support for exploration and the study of oil and gas potential of investment blocks with the company “Beicip Franlab” (France) and its possible involvement as an independent auditor and expert. (On October 7, Uzbekneftegaz JSC delegation met with the leadership of Beicip Franlab).
In addition, the plans include the development of optimal solutions with the company Axens (France) to improve the quality of products at the existing refinery capacities with minimal capital investment. Axens is one of the world leaders in the field of hydrocarbon processing and petrochemistry. The company has already been involved in cooperation in the construction of the Bukhara and modernization of the Ferghana oil refineries.
In accordance with the memorandum, cooperation with the IFPEN School on education and training and retraining of specialists of Uzbekneftegaz JSC by organizing training courses at the IFPEN School in the branch of the I.M. Gubkin Russian State University of Oil and Gas in the city of Tashkent, as well as sending Uzbek specialists to study at the IFPEN School in France.
At the same time, close cooperation is envisaged with IFPEN on the creation of an innovative center for the deep processing of natural gas of Uzbekneftegaz.
IFP is a recognized French state research and training institute for the development and introduction of high-tech products in the fields of energy, transport and environmental protection. In 2017, the company sold 2.6 thousand licenses. The volume of IFP operating expenses is EUR 278.2 million, including EUR 232.9 million directed to research.