16 June 2004 08:29
Gazprom plans to invest over $1Bln in Uzbek economy - Putin (Part 2)
TASHKENT. June 16 (Interfax) - Russia's Gazprom, following in the footsteps of Lukoil, is planning to invest
over $1 billion in the economy of Uzbekistan, President Vladimir Putin announced on Wednesday after talks with his Uzbek
counterpart in Tashkent.
sector will soar to $2.5 billion.
"It is not Russia, but Russian business that is investing in
Uzbek President Islam Karimov said that together with the pending contract with Gazprom, Russian investments in the
Uzbek oil and gas
Uzbekistan," Putin said. "It is best to ask them why they are investing hundreds of millions and now
billions in the Uzbek economy," he said.
Earlier on Wednesday, Lukoil signed a production sharing agreement with the government of Uzbekistan that suggests
about $1 billion in investments. [RU EUROPE ASIA EEU EMRG POL UZ NGS] ml tl
[Interfax] |
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