Uzbek gas boost
Sept 4 (LNGJ) - The largest privately held oil and natural gas company in the former Soviet Asian Republic of Uzbekistan, Sanoat Energetika Guruhi (Saneg), has logged a three-fold increase in gas production from fields it was given responsibility for in 2019 along with a 55 percent rise in oil production. Saneg has rights for 103 oil and gas fields and has invested US$750 million. It has identified gas deposits in 78 of the fields and with 33 now under development.
As a result, gas production from the properties has risen from 389 million cubic metres per annum in 2021 to 1.4 Bcm in 2022. “The main driver of growth has been a program that utilizes flare gas released in the fields during the extraction and preparation of oil. The program saves valuable gas from being burned off, as used to be the case, and instead transfers it into the gas transmission system of Uztransgaz JSC,” Saneg explained.
