Uzbekistan has tallied its natural gas reserves
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According to the Institute of Geology and Survey of Oil and Gas Fields of the national holding Uzbekneftegaz, Uzbekistan has natural gas for another 31 year at this production rate. Known oil reserves will last Uzbekistan almost 22 years, and condensed gas reserves up to 25 years.
Oil and Gas Prospecting Concept was drafted in Uzbekistan for until 2010. Its implementation is expected to increase the volume of known reserves by 521.1 million tons.
One hundred and ninety-four oil and gas fields are known on the territory of the republic, including 147 with recoverable gas and 102 with recoverable oil. Eighty-eight are being developed, and 58 more ready for development. The known reserves were estimated by early 2006 to amount to 5,903 trillion cubic meters of gas, 817.7 million tons of oil, and 360 million tons of condensed gas.
