Chinese company CNPC will invest US$607.6 million to construction of the third line of the gas pipeline “Central Asia – China”. Total cost of the project is US$2.2 billion.

Russia’s Lukoil will invest US$520 million to implementation of two product sharing agreement in Uzbekistan with total cost of US$4.3 billion. In particular, the Russian company will direct US$300 million to project on development of fields in Kandym Group in Bukhara region and geologic exploration works at Ustyurt. Within the project on development of fields at Southern Gissar, it is planned to utilize US$220 million.

The consortium of Korean companies led by KOGAS will continue construction of Ustryurt Gas Chemical Complex with the cost of US$4.1 billion. It is planned to direct US$300 million of investments within the project in 2012.

Uzbekistan GTL JV will direct US$110 million to construction of plant on production of synthetic fuel (GTL) in Kashkadarya region. The preliminary project cost is US$3.7 billion. The founders of the venture are Uzbekneftegaz and Sasol (South Africa).

Petronas (Malaysia) will spend US$40 million to development of hydrocarbon fields in Ustyurt and Surkhandarya region within two PSAs with total cost of US$2.07 billion.

Indorama Group (Singapore) will start construction of gas chemical complex on the base of Mubarek Gas Processing Plant in south of Uzbekistan with the cost of US$1.64 billion. In 2012, the investor will direct US$50 million to the project.

Gazprom will invest US$32.5 million to complete geological exploration in Ustyurt region. The cost of the project is US$400 million.

CNODC of China will start active stage of development of Mingbulak field in Namangan region. Total project cost is US$211.7 million. The company will invest US$30 million to project implementation in 2012.