Uzbekneftegaz) is a state-owned holding company of Uzbekistan

Uzbekistan

Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

's oil and gas industry.

History

Uzbekneftegaz was established in 1992. In 1998, it was transformed into national holding company.

Operations

Uzbekineftegaz leads a consortium of Korea National Oil Corporation

Korea National Oil Corporation

Korea National Oil Corporation is the national oil and gas company of South Korea and one of the most important industrial companies in the country...

, China National Petroleum Corporation

China National Petroleum Corporation

China National Petroleum Corporation is a state-owned fuel-producing corporation and the largest integrated oil and gas company in the People's Republic of China...

, Lukoil

LUKoil

Lukoil/LUKoil ; ) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; ....

 and Petronas

Petronas

PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...

 exploring and developing gas condensate fields in the Aral Sea. Uzbekneftegaz and consortium led by the Korea Gas Corporation

Korea Gas Corporation

Korea Gas Corporation is the public natural gas company and it was established by the Korean government in 1983. KOGAS has now grown to become the largest LNG import company in the world and operates three LNG regasification terminals and 2,721 km of natural gas pipelines in South Korea.-External...

 develop the Surgil gas field

Oil and gas field

An oil and gas field is a field, or vast reservoir, that contains both oil and natural gas.-See also:* Oil field* Natural gas field* Oil reservoir* List of oil fields* List of natural gas fields...

, containing about 133 billion cubic meters of natural gas, and build a chemical plant. Together with another Korean company, Korea National Oil Corporation

Korea National Oil Corporation

Korea National Oil Corporation is the national oil and gas company of South Korea and one of the most important industrial companies in the country...

, Uzbekneftegaz explores Namangan-Tergachi and Chust-Pap oil fields in eastern Uzbekistan. In August 2008, Uzbekneftegas signed a cooperation agreement with Petrovietnam

Petrovietnam

PetroVietnam is the trading name of Vietnam Oil and Gas Group . PetroVietnam has developed rapidly since it was established in 1977, and its activities, through its various companies and wholly owned subsidiaries, now cover all the operations from oil and gas exploration and production to...

. It also cooperates with Lukoil

LUKoil

Lukoil/LUKoil ; ) is Russia's second largest oil company and its second largest producer of oil. In 2009, the company produced 97.615 million tons of oil; ....

 in the Kandym-Khausak-Shady-Kungrad project

Kandym-Khausak-Shady-Kungrad project

The Kandym–Khausak–Shady–Kungrad project is a project to develop natural gas fields in Uzbekistan. The project is carried out by consortium of LUKOIL Overseas and the Uzbekneftegaz National Holding Company .- History :...

 to develop several natural gas fields in Uzbekistan

Uzbekistan

Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

.

Uzbekneftegaz together with China National Petroleum Corporation

China National Petroleum Corporation

China National Petroleum Corporation is a state-owned fuel-producing corporation and the largest integrated oil and gas company in the People's Republic of China...

 is building an Uzbek section of the Central Asia–China gas pipeline. They also have a joint venture for developing the Mingbulak oilfield.

Together with Sasol

Sasol

Sasol Ltd. is a South African company involved in mining, energy, chemicals and synfuels. In particular, they produce petrol and diesel profitably from coal and natural gas using Fischer-Tropsch process...

 and Petronas

Petronas

PETRONAS, short for Petroliam Nasional Berhad, is a Malaysian oil and gas company that was founded on August 17, 1974. Wholly owned by the Government of Malaysia, the corporation is vested with the entire oil and gas resources in Malaysia and is entrusted with the responsibility of developing and...

, Uzbekneftegaz develops Uzbekistan GTL

Uzbekistan GTL

Uzbekistan GTL is a planned gas-to-liquids project based in northern Uzbekistan.-History:Construction of a GTL plant in Uzbekistan was discussed between Uzbekneftegaz and Abu Dhabi's International Petroleum Investment Company in March 2008. However, in April 2009 Uzbekneftegaz signed a heads of...

, a gas-to-liquids (GTL) project.