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UZBEKISTAN - Independent Export Pipelines.

The third priority is for Uzbekistan to have export outlets not dependent on Russia. Officials from President Islam Karimov down have discussed pipeline options with a number of Western companies, mainly US firms having a strong lobby in Washington.

Under a government plan first adopted in the 1990s but revised in 2000, oil production in Uzbekistan should rise to over 600,000 b/d by 2010. Uzbekistan's consumption of oil has fallen from 230,000 b/d in 1985 to 129,000 b/d now. This is not likely to increase much in the coming years because the country has shifted to gas in a big way, which means exports of crude oil and locally processed petroleum products by 2010 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 2015.
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Publication:APS Review Gas Market Trends
Geographic Code:9UZBE
Date:Nov 11, 2002
Words:158
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Next Article:UZBEKISTAN - The Trans-Caspian 'Corridor'.


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