Development of the Kandym group of fields is one of the Company's top priority projects that will considerably boost its gas production. The Kandym Group development project provides for construction of a gas processing plant with the annual output of 8 bln. cu. m.
The Kandym Group of gas fields consisting of 6 separate gas condensate areas (Kandym, Kuvachi-Alat, Akkum, Parsankul, Khodzhi, West Khodzhi) is located in Karakul District of Bukhara Oblast, near the Turkmen border.
In April 2016, LUKOIL started the construction of the Kandym gas processing plant with an annual capacity of 8 billion cubic meters of gas to produce treated natural gas and stable gas condensate.
This plant will become one of the largest of its kind in Central Asia. The plant includes the first and second process lines of a gas processing facility, external power and water supply facilities, a gathering system and an export gas pipeline, a field camp, a fire station, and other facilities.
In 2016, all core equipment was delivered to the site, with the overall progress in the construction of the plant almost at 50% as of the year-end. Phase 1 of the plant is scheduled for completion in 2018 with the capacity of 4 billion cubic meters of gas per year. The launch of the Kandym gas processing plant in 2018 will boost gas production in the region.
LLC LUKOIL Uzbekistan Operating Company (subsidiary of LUKOIL Overseas) and National Holding Company Uzbekneftegaz.
The Group’s profit share is 90%.
Share of National Holding Company Uzbekneftegaz is 10%.
Type of agreement: PSA, exploration and production (gas).
Agreement signed in 2004.
Agreement effective till 2046.