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10 Nov 2022, 13:23

Rosgeo chief executive says hydrocarbon-bearing deposit discovered in Uzbekistan

It is noted that Rosgeo has discovered gas fields on the country’s territory

MOSCOW, November 10. /TASS/. Russia’s geological holding Rosgeo has discovered an oil-and gas-bearing reservoir on the territory of Uzbekistan during geological exploration activities, Chief Executive Officer Sergei Gorkov told TASS, adding that it would continue studying it in 2023.

"Yes, we have got the results. An oil-and gas-bearing deposit has been discovered. Next year we will continue exploring it in detail," he said.

Rosgeo has discovered gas fields on the country’s territory, Gorkov noted. "There is a field, though we will figure out its scale and other details after next year’s phase," the CEO explained.

The current stage of geological exploration in Uzbekistan will be completed in 2023, he said, Moreover, the holding is negotiating a continuation of activities in April-October 2023. "As far as Uzbekistan is concerned, no one carried out [geological exploration] during the Soviet period in the Aral Sea there. We have done it, and the most important thing is that there is a result, quite successful," Gorkov stressed.