The company said it prepared five structures to exploration drills. Four areas prepared for deep research-exploration drilling. The works were completed on construction of five exploration, nine exploitation wells and wells for underground gas storage, of which 8 are on exploitation drilling.

Foreign companies prepared two structures to exploration drilling and launched deep exploration drilling at three areas.

The forecast on natural gas production, including with foreign investors’ volume, was executed with 3.8% surplus and liquid hydrocarbons was at the forecast level.

Oil refineries processed oil, virgin petroleum, gas oil and petroleum, diesel fuel, mazut, oil lubricants, oil bitumen and aircraft kerosene in the first quarter of 2012. Gas processing plants also produced liquefied gas and polyethylene.

Industrial enterprises of Uzbekneftegaz, taking into account foreign investors within the PSA, produced goods for over 2 trillion soums, which rose by 4.2% in comparable prices. The enterprises produced consumer goods for 147.3 billion soums.

The programme on deepening localization of production of ready goods, spare parts and materials for 2012 has 56 projects of Uzbekneftegaz (54 projects in 2011) for 156.403 billion soums.

In 2012, some 35 projects were implemented and goods for 28.6 billion soums were produced (9.3% year-on-year). Products for about 21.8 billion soums (10.7% year-on-year) were realized.

Within the International Industrial Fair and Cooperation Exchange, the companies of Uzbekneftegaz signed 467 agreements on purchase of import-replacing products and rendering services for over 374 billon soums for 2012, which grew 1.2 times year-on-year.

In the first quarter, the agreements were fulfilled for 91.1 billion soums, which rose by 31.1% year-on-year.

Investment programme of Uzbekistan for 2012 includes 44 projects of Uzbekneftegaz with investment volume of US$2.701 billion, of which US$1.893 billion are foreign investments and loans, US$452.58 million – own funds, US$305 million – resources of Fund for Reconstruction and Development of Uzbekistan and US$35.8 million – loans of the commercial banks.

According to the preliminary data, the volume of investments on Uzbekneftegaz projects was fulfilled with 0.6% surplus.

Uzbekneftegaz executed measures for 67.3 million soums within the State Programme “The Year of Family” in the first quarter of 2012.

In 2012, in line with the programme on creation of jobs, Uzbekneftegaz is planning to create 1,263 jobs, including 67 out-works. In the reporting period, the enterprises of the industry created 601 jobs.

In the reporting period, out-workers produced goods and rendered services for 1.11 billion soums.