UZBEKISTAN - Independent Export Pipelines.
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|
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