UZBEKISTAN - Independent Export Pipelines.
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|
|Date:||Nov 11, 2002|
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