BAKU, Azerbaijan, June 30. Uzbekistan's state
energy company Uzbekneftegaz and China National Petroleum
Corporation (CNPC) agreed to accelerate ongoing joint projects and
explore new areas of cooperation during talks in Tashkent.


This was reported in a statement released by Uzbekneftegaz
following a meeting between Chairman Abdugani Sanginov and a CNPC
delegation led by Vice President Sun Dayun, which summarized the
current state of cooperation and discussed ways to expand long-term
cooperation in the oil and gas sector.


At the same time, the information indicates that, in the course
of the meeting, the sides emphasized that the growing strategic
partnership between Uzbekistan and China has created favorable
conditions for closer collaboration in the energy industry. They
also noted that a meeting earlier this year between Sanginov and
CNPC Chairman Dai Houliang had helped strengthen bilateral
cooperation.


According to Uzbekneftegaz, CNPC and its subsidiaries account
for a significant share of the company's joint projects, service
contracts, and technical cooperation with Chinese partners.


The discussions covered the operations of the Asia Trans Gas
joint venture, which manages natural gas transportation, as well as
the New Silk Road joint venture, which is involved in the
development of hydrocarbon fields in Uzbekistan.







The parties also reviewed progress on a project to drill 30 deep
exploration wells in the Ustyurt region, emphasizing the need to
speed up equipment mobilization, complete installation work, and
begin drilling on schedule.


Another topic of discussion was ongoing work by China Oilfield
Services Drilling Company (CCDC) to eliminate the consequences of a
technogenic accident at the Mustaqillikning 25 Yilligi (25 Years of
Independence) gas field in Boysun district. The officials stressed
the importance of mobilizing the necessary equipment, personnel,
and resources to ensure the project is completed on time and to the
required standards.


"The long-standing partnership and mutual trust between our
companies provide a solid foundation for implementing new
investment projects and expanding long-term cooperation in the oil
and gas sector," the parties said, according to a statement
released by Uzbekneftegaz.


The meeting concluded with agreements to accelerate the
implementation of existing projects, identify new areas of
cooperation, and further strengthen the strategic partnership
between Uzbekneftegaz and CNPC.