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The total volume of investments adjusted for inflation over the term of relevant PSAs will exceed USD 5.5 billion, making the Company the largest investor in the economy of the Republic of Uzbekistan. Aral In August 2006 the Production Sharing Agreement for exploration and subsequent development of newly-discovered hydrocarbon fields in the Uzbek section of the Aral Sea was signed between the government of the Republic of Uzbekistan and the Consortium of Investors in Tashkent. Intensive exploration continues in the largely unexplored contract area. Share of LUKOIL Overseas | 20% | Project partners | UzbekNefteGaz 20%,
Petronas Carigali Overseas 20%,
Korea National Oil Corporation 20%,
CNPC 20% |
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Business Geography
