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    Uzbek Gas Boosts Lukoil's Output

Summary

New gas processing facilities are reaching capacity in Uzbekistan.

by: William Powell

Posted in:

Natural Gas & LNG News, Asia/Oceania, Corporate, Exploration & Production, Financials, News By Country, Uzbekistan

Uzbek Gas Boosts Lukoil's Output

Lukoil's average January-September hydrocarbon production – excluding West Qurna-2 in Iraq – was 2.3mn barrels of oil equivalent/day, up 3.7% on the same period last year. Of that, gas production was 24.6bn m³, which is 19.2% higher year-on-year, thanks mainly to projects in Uzbekistan, the largest Russian independent oil producer said. In the third quarter of 2018 gas production was 8.5bn m³ m³, 3.6% up quarter-on-quarter in average daily terms.

Gas production (mn m³)

3Q    2018

2Q    2018

 

9M  2018

9M  2017

8,512

8,127

Total

24,638

20,668

4,447

4,456

Russia

13,399

13,595

4,423

4,431

Subsidiaries

13,327

13,524

24

25

Share in affiliates

72

71

4,065

3,671

Outside Russia

11,239

7,073

3,919

3,493

Subsidiaries

10,755

6,472

146

178

Share in affiliates

484

601

Source: Lukoil

New gas treatment facilities allowed Lukoil's share in production at its Kandym and Gissar projects in the first nine months of 2018 to rise to 9.6bn m³, up 84% year-on-year. The Kandym gas processing complex reached its design capacity of 8bn m³/yr in September 2018.