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NEWS AND EVENTS
May 23, 2011
President Karimov receives Lukoil chief
President of Uzbekistan Islam Karimov received the head of Lukoil Vagit Alekperov at Oqsaroy Residence on 20 May. Welcoming the guest, President noted the positive results of cooperation with Lukoil. As a foreign direct investor, Lukoil has been actively involved in major projects in Uzbekistan. The on-gong projects within the frame of agreements on extraction of gas, gas condensate and oil fields, had been giving significant results. Uzbekistan is interested in using the capacity of Lukoil to further deepen the economic, trade and investment cooperation between Uzbekistan and Russia, the sides emphasized during the meeting. Also, the sides exchanged views on the implementation of joint projects and prospects for further cooperation. Lukoil is one of the largest investors in Uzbekistan. Within the long-term production sharing agreements signed in 2004, a number of joint investment projects have been carried out in Uzbekistan. Along with such companies as Uzbekneftegaz, Petronas, Korean National Oil Corporation and China National Petrolium Corporation, Lukoil is in the consortium to implement multilateral projects on Uzbek part of Aral Sea area.

UzA News Agency


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