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Lukoil to launch first line of gas processing plant in Bukhara in August 2016

September 14/2011

( -- Russia’s Lukoil Overseas is planning to launch the first line of Kandym Gas Processing Plant in August 2016, a corporate newspaper of the Russian company “Neftyaniyi Vedomosti” reported. The paper said that the contract on development of feasibility study and documentation of construction of gas processing complex at Kandym fields group in Bukhara region of Uzbekistan.

Hyundai Engineering of South Korea won a tender to execute these works. The preliminary capacity of the unique gas processing plant will be 8 bln cubic meters of gas a year. It is planned that the plant will be launched on 1 August 2016. The contract should be approved by the government of Uzbekistan.

The product sharing agreement (PSA) on project Kandym – Khauzak – Shady – Kungrad was signed in June 2004. The PSA is designed for 35 years. Kandym fields group consists of six gas condensate fields.

Investments to the project will make up over USD 3 bln. Along with gas processing plant, it is planned to build 120 wells, gas-compressor stations, gas assembly points, terminals for loading of liquid hydrocarbons, electricity supply lines, etc.

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