Russian gas giant Gazprom’s head Alexey Miller has met with the Deputy Prime Minister of Republic of Uzbekistan, in Moscow.
Miller met with Gulomzhon Ibragimov to discuss “bright prospects” for cooperation.
The topic of priority projects set out by Russian president Vladimir Putin was also discussed.
Gazprom representatives said particular attention was paid to joint efforts for geological exploration and engineering and innovation activities in Uzbekistan.
Gazprom’s main partner in Uzbekistan is Uzbekneftegaz National Holding Corporation focused on oil and gas prospecting, production, processing, transportation, storage, and marketing.
In 2002, Gazprom and Uzbekneftegaz signed the Agreement of Strategic Cooperation providing for Gazprom’s participation in natural gas production projects within Uzbekistan under PSA conditions.
Four years later, the two firms inked the agreement on the basic principles of geological surveys at investment blocks in the Ustyurt region of Uzbekistan.
Earlier this month Gazprom and Uzbekneftegaz signed the contract for 4 billion cubic meters of Uzbek gas to be purchased by Gazprom annually in the period of up to five years starting from 2018.