According to the report of the press service of “Uzbekneftgaz”, “Abu-Dhabi National Oil Company” (ADNOC) will assist “Uzbekneftgaz” in the production and processing of gas. The companies have signed a strategic agreement in this regard.

“ADNOC has 47 years of successful experience in the development of oil and gas industry and utilization of new resources in Abu Dhabi. Our enormous experience and knowledge will help to boost oil and gas production in Uzbekistan and develop this industry in the country,” manager of ADNOC Umar Suvaydiy said.

The agreement between ADNOC and “Uzbekneftgaz” was signed within the framework of the Uzbek delegation’s participation in the International Petroleum Exhibition and Conference (ADIPEC 2018) held in Abu Dhabi. 

“ADNOC operates all its resources. It has many partners, skilled employees and new technologies. They have extensive experience in exploring and extracting oil and gas, as well as solving the exploiting problems. We believe that we will maximize the revenue from our gas resources with their help,” Bakhrom Ashrafkhonov, Chairman of the Board of “Uzbekneftgaz” said.

ADNOC is a United Arab Emirates oil company. According to the Oil & Gas Journal, in January 2015 the UAE occupied the seventh place worldwide by the reserves of oil.