Uzbekistan Oil and Gas Report - Business Monitor International - Industry Reports

Uzbekistan Oil and Gas Report

Uzbekistan Oil and Gas Report - Business Monitor International - Industry Reports
Uzbekistan Oil and Gas Report
Published Oct 01, 2016
78 pages — Published Oct 01, 2016
Price US$ 1,295.00  |  Buy this Report Now

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Abstract:

Uzbekistan s oil reserves are set to decline at an average annual rate of -.- during the coming decade, falling from an estimated ---mn bbl in ---- to ---mn bbl in ----. Gas reserves will also shrink, albeit at a slower average pace of -.- per annum to -,---bcm in ----. In May ----, National Iranian Drilling Company announced that Iran has submitted a tender for oil and gas exploration projects in Uzbekistan. This quarter we have kept our forecasts for Uzbekistan s oil production, which is projected to continue shrinking at a modest albeit accelerating pace during ---------. In absolute terms, the output will decline from --,---b/d in ---- to --,---b/d in ----. ...Until the end of our forecast period, we expect Uzbekistan to increase its gas production to --.-bcm, up from --.-bcm in ----. Gas consumption is set to continue increasing across the entire --------- period at an average pace of -.- per annum, lifting the total consumption figure to --.-bcm in ----.

...The majority of oil and gas fields are concentrated in the following regions: Ustyurt, Bukhara-Khiva, Gissar, Surkhandarya and Fergana. Bukhara-Kiva region contributes the bulk of the country s current oil production, while the Ustyurt region has contributed to most of the increase in gas reserves in recent years. ...However, there were no further updates about any of the potential openings at the time of writing. Consequently, we maintain a cautious outlook for Uzbekistan s upstream exploration, as its oil and gas reserves are set for a small but continuous decline across our forecast period. Between ---- and ----, oil reserves are expected to shrink by --.- from the current ---mn barrels (bbl) to ---mn bbl, according to ...Consequently, we maintain a cautious outlook for Uzbekistan s upstream exploration, as its oil and gas reserves are set for a small but continuous decline across our forecast period. Between ---- and ----, oil reserves are expected to shrink by --.- from the current ---mn barrels (bbl) to ---mn bbl, according to

...We hold our forecasts, which foresee Uzbekistan s oil reserves declining at an average annual pace of - during the coming decade, falling from an estimated ---mn bbl in ---- to ---mn bbl in ----. Gas reserves are also set for a decline, albeit at a slower average pace of -.- per annum during ---------. ...

  
Source:
Document ID
2044-5830
Country
Industry
Format:
PDF Adobe Acrobat
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Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

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MLA:
Business Monitor International - Industry Reports. "Uzbekistan Oil and Gas Report" Oct 01, 2016. Alacra Store. Dec 09, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Uzbekistan-Oil-and-Gas-Report-2026-1456>
  
APA:
Business Monitor International - Industry Reports. (2016). Uzbekistan Oil and Gas Report Oct 01, 2016. New York, NY: Alacra Store. Retrieved Dec 09, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Uzbekistan-Oil-and-Gas-Report-2026-1456>
  
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