Wed 04 2016 10:45:18

Tashkent, Uzbekistan (UzDaily.com) -- A ceremony for laying the foundation stone of the Kandym Gas Processing Complex (KGPC) was held in Bukhara region of Uzbekistan. Prime Minister of Uzbekistan Shavkat Mirziyoyev and President of LUKOIL Vagit Alekperov participated in the ceremony. Speaking at the ceremony, Prime Minister of Uzbekistan Shavkat Mirziyoyev said that the project is large and perspective, as well as profitable project. He added that the Government of Uzbekistan will do its best to ensure successful realization of the project. “The beginning of construction of the Kandym Gas Processing Complex marks a new stage in the development of gas resources in Uzbekistan. The complex will be one of the largest in Central Asia, and its operation will enable the creation of more than two thousand full-time employment positions,” Shavkat Mirziyoyev noted. “The Kandym Gas Processing Complex will involve the best experts and cutting edge process solutions while ensuring compliance with the highest health, safety and environment standards. This is the Company's largest investment project in Uzbekistan,” Vagit Alekperov said. LUKOIL started the construction of Kandym Gas Processing Complex (KGPC) – a key production facility in development of the Kandym group of gas condensate fields located in the Bukhara Province in the south-west of the Republic of Uzbekistan. The ceremony for laying the foundation stone was attended by Prime Minister of the Republic of Uzbekistan Shavkat Mirziyoyev, President of PJSC LUKOIL Vagit Alekperov and representatives of local authorities and contractors. The Kandym Gas Processing Complex will include construction of a gas treatment plant capable of processing 8.1 billion cubic meters of gas per year, as well as a natural gas gathering system, which, at its peak, will comprise 114 producing wells, 11 well pads and 4 gathering stations. 370 km of gas pipelines will be installed and 160 km of motorways will be built. Around 7,000 people will be involved in the construction of the complex and infrastructure facilities. LUKOIL has been implementing the Kandym project in partnership with the National Holding Company Uzbekneftegaz since 2004 as part of the Kandym-Khauzak-Shady-Kungrad PSA. The Kandym group consists of 6 gas condensate fields – Kandym, Kuvachi-Alat, Akkum, Parsankul, Khoji and West Khoji. The first phase of the project envisages mining and preparing 2.1 billion cubic meters of gas a year from Kuvachi-Alat field and Northern Shady area at Khauzak-Shady field with supply of gas to Mubarak gas processing plant. The project envisages construction of Kandym gas processing complex. The Kandym Gas Processing Complex will include construction of a gas treatment plant capable of processing 8.1 billion cubic meters of gas per year, as well as a natural gas gathering system, which, at its peak, will comprise 114 producing wells, 11 well pads and 4 gathering stations. About 370 km of gas pipelines will be installed and 160 km of motorways will be built. It is also planned to build a village for 1,200 people. Around 7,000 people will be involved in the construction of the complex and infrastructure facilities. LUKOIL and a consortium headed by Hyundai Engineering (South Korea) signed a contract for procurement and construction of the Kandym Gas Processing Plant in Uzbekistan in February 2015. The contract cost is US$2.662 billion and envisages supply of equipment and construction of the complex. It is expected that the complex will be commissioned in 2018. The volume of investments estimated at US$3.3 billion.

 
 

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