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UZBEKISTAN - Independent Export Pipelines.

The third priority is for Uzbekistan to have export outlets not dependent on Russia. Government officials, from President Islam Karimov down, have been discussing pipeline options with a number of Western companies, mainly US firms having a strong lobby in Washington. President Karimov is pursuing the matter also with US figures acting as advisors.

Under a government plan, oil production in Uzbekistan should rise to over 600,000 b/d by 2006. Uzbekistan's consumption of oil has fallen from 230,000 b/d in 1985 to less than 150,000 b/d now. This is not likely to increase much in the coming years because the country is shifting to gas in a big way. This means exports of crudes and locally processed products by 2006 would exceed 400,000 b/d.

If an export pipeline bypassing Russia has been completed by then, Uzbekistan's E&P prospects would improve significantly and the oil production capacity may reach 1m b/d or more before 2010.
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Publication:APS Review Oil Market Trends
Date:Oct 2, 2000
Previous Article:UZBEKISTAN - The National Priorities.
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