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oil and gas industry

News about oil and gas industry: events, facts and developments on tafs uz.

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Uzbekneftegaz negotiating refinancing of $1.1 billion in loans

The company expects to reduce the average interest rate from 7.7% to 3.8%. Of the refinanced amount, $840 million relates to Uzbekistan GTL and $260 million to loans of Uzbekneftegaz itself. At the same time, the terms of 41 loans worth $384 million were revised, saving about $18 million.

2 min read

Rosebank: the fate of the UK's largest undeveloped oil field to be decided before Christmas

The UK government has granted permission for gas production at the Jackdaw field in the North Sea, and attention has shifted to Rosebank — the country's largest known undeveloped oil field northwest of the Shetland Islands. According to the BBC, a decision is expected before Christmas. The UK government has granted permission for gas production at the Jackdaw field in the North Sea, and attention has shifted to Rosebank — the country's largest known undeveloped oil field, north-west of the Shetland Islands. According to the BBC, a decision is expected before Christmas.

5 min read

Uzbekistan to offer investors 128 oil and gas blocks with reserves of 5.8 trillion cubic meters of gas

At an open dialogue with fuel and energy sector investors on October 16, Shavkat Mirziyoyev announced the preparation of 128 investment blocks with estimated gas reserves of 5.8 trillion cubic meters and liquid hydrocarbons of 560 million tons. Also discussed were deep gas processing, reform of the liquefied gas market, and personnel training.

2 min read