Uzbekistan’s Energy Minister, Jurabek Mirzamahmudov, has revealed in an interview with Azerbaijani outlet Report that the international energy company British Petroleum (BP) has expressed interest in the Ustyurt plateau oil and gas project.
Mirzamahmudov explained that Tashkent is holding preliminary discussions on BP’s potential role in hydrocarbon extraction. The project is a joint effort involving Uzbekneftegaz and Azerbaijan’s SOCAR. During the initial phase, the plan includes conducting seismic surveys, drilling wells, and obtaining early results.
«Experts, particularly those from SOCAR, anticipate promising oil yields. Should these forecasts be confirmed, we will simultaneously begin preparations for a...