UZBEKNEFTEGAZ

Prospects of participation of Czech companies in investment projects in oil

and gas industry of Uzbekistan

National Holding Company “UZBEKNEFTEGAZ”

December, 2012, Prague, Czech Republic

KEY DATES IN OIL&GAS HISTORY OF UZBEKISTAN

1885 – first oil production

1906 – first oil refinery plant

1953 – first discovery of gas

1972, 1980 – gas processing plants built in Mubarek and Shurtan

1992 – establishment of UZBEKNEFTEGAZ company

Vertically integrated National company of oil&gas

6 major joint-stock companies with more than 120 enterprises

In charge of all types of oil & gas activities

(exploration, drilling, production, processing/refining, transportation, storage, marketing, distribution of products, engineering, procurement, construction, equipment manufacturing, relevant services)

Major shareholder - State

UZBEKNEFTEGAZNational Holding Company of Oil & Gas

Oil & Gas regions of Uzbekistan

TOTAL LENGTH OF THE MAIN PIPELINES

MORE THAN 13 000 km

MORE THAN 250 COMPRESSORS

Gas Transportation System

BUKHARA REFINERY (by TECHNIP )

2,5 MT/year 10 types of oil products (kerosene, diesel, gasoline and etc.) in compliance with international standards

8,7 MT/year 50 types of oil products (kerosene, diesel, gasoline, lubricants, paraffin and etc.) in compliance with international standards

(rehabilitated in 2000)by MITSUI and TOYO ENGINEERING

FERGHANA REFINERY

Refineries

MUBAREK GAS PROCESSING PLANT- 30 billion cubic meters / year(1,05 TCF per year)(one of the biggest in the world, built in 1972)

SHURTAN GAS PROCESING PLANT -20 billion cubic meters / year(0,7 TCF per year) (started production in 1980)

Gas Processing

SHURTAN GAS CHEMICAL COMPLEX (2001)

Feedstock (gas)

3,9 billion cubic meters/year

Main product125 000 tons/year (Polyethylene)

ABB Group Consortium

Petrochemical

I. Exploration Contracts

1. Gazprom (Russia)

3. Petronas Carigali (Malaysia)

2. CNPC International (China)

II. Production Sharing Agreements

4. Korean Companies: Korea National Oil Corporation, Korea Gas Corporation, Daewoo International

5. PetroVietnam (Vietnam)

1. Lukoil (Russia) 2. Gazprom (Russia) 3. Petronas (Malaysia)

4. International Consortium

International Cooperation(PSA, Exploration Agreements)

III. Joint Ventures

Uzbekneftegaz created more than 20 joint ventures:

with Chinese CNPC:

Service Center UZ Dresser-Rand

with Korean Consortium:

with Malaysian Petronas and South African Sasol:

International cooperation(Joint ventures)

and others UzPrista – production of lubricants

RECENTLY STARTEDMAJOR PROJECTS

UZBEKNEFTEGAZ

4,5 BCM of feedgas/year

up to 400 000 tons of polyethylene/year

up to 100 000 tons of polypropylene/year

PROJECT STAGE – design work and mobilization at site

JV with Korean Consortium(KOGAS, Honam Petrochemical Corp.

and STX Energy)

Surgil Gas Chemical Project

Licensor:

G S U

R ec on stru ctio nof un it

E th y len e

S hurtanne ft gazG as p rocess ing p lan t

LL D PE

Уст ановка НТК в УДП «Ш урт аннеф тегаз» и расш ирение Ш ГХК

Polyethylene production unit

Polyethylene

S hurtan G C C

F irs t un it

LPG units

LPG

Com pressor

GPTU -2

Mixed gas

Butane -1

1

2

3

4

5

6

7

8

9

11

10

S eco nd un it

T h ird un it F ourth u n it

C ondensate

M e thane

E thane conta in inggas

Raw gas

LP G C on de nsa te M e th an e

E thane

E thy lene un it

(R econstructiono f e thy lene un it)

P olyeth y lenepro du ctio n un it

(ne w u n it)

PROJECT STAGE – FEED-2Joint Venture with PETRONAS and SASOL

Feedstock3,4

BCM of pure methane per year

Products 1,7

billion tons of synthetic fuels

per year

GTL PRODUCTION at SHURTAN GAS CHEMICAL COMPLEX

PERSPECTIVE DIRECTIONS OF COOPERATION

1. Implementing of enhanced oil recovery projects

Considering that the majority of fields in the country are operated from 1950's, becomes relevant establishing cooperation with leading foreign companies to introduce modern, highly effective technologies to increase hydrocarbon production

Projects offered for participationof Czech companies

2. Deep gas processing projects

Implementing new projects, with deep gas processing technology, for the production of value added products.

Projects offered for participationof the Czech companies

3. Implementation of projects with reconstruction of refineries

Reconstruction of oil refineries in order to produce oil products in EURO-4 and EURO-5 standards

Projects offered for participationof the Czech companies

Development of Alternative Energy Sources (e.g. biogas, wind farms, solar panels, biofuel and etc.); Energy Conservation Technologies; Development of shale, heavy and bitumen oil fields; CDM projects under the Kyoto Protocol; Projects in FIEZ Navoi; Supply of equipment&services for oil and gas industry;Co-financing of the projects.

Projects offered for participationof the Czech companies

Investment program are including Perspective Investment Projects in cooperation with NHC “Uzbekneftegaz”

These projects are directed for development of oil and gas chemistry, fields development, production from hydrocarbons

The Czech companies can participate in this Projects

Information about Projects you can find in the official websites

of NHC “Uzbekneftegaz” www.ung.uz

and

the Ministry of Foreign Economic Relations, Investments and Trade www.investuzbekistan.uz

New opportunities for the German companies

THANK YOU FORATTENTION!

Telephones:(+99871) 233 57 57(+99871) 236 02 10(+99871) 233 40 64

Email:info@ung.uz

Website:www.ung.uz

UZBEKNEFTEGAZ

Fax:(+99871) 236 77 71(+99871) 233 40 64