Uzbekistan Oil and Gas Report Q4 2013

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Uzbekistan Oil and Gas Report Q4 2013 Sep 25th 2013, 00:00 Price: $ 1295   BMI View: Conventional gas deposits would support Uzbekistan's hydrocarbons industry, though we project a continued decline in oil production. Consumption growth in both oil and gas will be curtailed by the diversion of gas to external markets to meet its export obligations, a failure to meet its domestic refined products demand and restrictions on fuel imports. The main trends and developments in Uzbekistan's oil & gas sector are: ? We have forecast a very gradual decline in oil reserves, with 485.3mn barrels (bbl) to remain by 2022, down from the EIA's forecast of 582.1mn bbl for 2013. However, exploration activity and a reasonable discovery rate lead us to believe that Uzbekistan could see a rise in its gas reserves, from a forecast 1.8trn cubic metres (tcm) in 2013 to 1.9tcm by 2022. ... Complete report details with Table of Contents and more @ http://www.marketreportsonline.com/278770.html

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