TASHKENT, Uzbekistan, April 27. Uzbekneftegaz
and Chinese partners have agreed on measures aimed at increasing
the revenues of the joint venture Asia Trans Gas, Trend reports via the Uzbek
company.
The issue was discussed during a meeting between First Deputy
Chairman of the Management Board of Uzbekneftegaz Sukhrob Khamroev,
Chairman of the Board of Directors of TAPLine Zhong Fang, and
Deputy General Director of PetroChina International Co. Ltd. Wang
Haiyan during a working visit to China.
The talks, held in Zhuhai, focused on the current performance
and prospects of the joint venture Asia Trans Gas.
The parties noted that cooperation has developed effectively in
recent years. In particular, they highlighted the long-standing
partnership between Uzbekneftegaz and TAPLine in operating the
Uzbek section of the Central Asia-China gas pipeline.
Following the negotiations, the sides agreed to consistently
implement a set of measures aimed at increasing the joint venture’s
revenues, strengthening its financial sustainability, and ensuring
more efficient cost control.
At the conclusion of the meeting, the parties reaffirmed their
readiness to continue mutually beneficial and constructive
cooperation at a high level.
Asia Trans Gas is a joint venture between Uzbekneftegaz and
CNPC, responsible for the construction and operation of the Uzbek
section of the Central Asia–China gas pipeline.
