RESOLUTION OF THE CABINET OF MINISTERS OF THE REPUBLIC OF UZBEKISTAN

of April 9, 2014 No. 87

About measures for ensuring implementation of the investment project "Doobustroystvo of the Field Alan with DKS Construction"

For the purpose of growth in volumes of natural gas production due to the maximum extraction of residual stocks of hydrocarbons on the field Alan decides the Cabinet of Ministers:

1. Take into consideration that:

NHK "Uzbekneftegaz" realizes the investment project "Doobustroystvo of the Field Alan with DKS Construction" with amount of development of capital investments in the amount of, equivalent 250, to 2 million US dollars, providing arrangement of 27 operational wells, construction of booster compressor station capacity of 5 billion cubic meters of natural gas in year;

within the specified investment project the competitive auction is held and delivery contracts of the capital processing equipment on the amount 75, are signed by 678 million US dollars.

2. Approve the feasibility statement on the investment project "Doobustroystvo of the Field Alan with DKS Construction" with the key technical and economic parameters according to appendix No. 1 * and date of completion of works, with commissioning in December, 2014.

3. Determine sources of financing of the "Doobustroystvo of the Field Alan with DKS Construction" project:

own means of NHK "Uzbekneftegaz" in the amount equivalent 154, 29 million US dollars;

the credit of Fund of reconstruction and development of the Republic of Uzbekistan in the amount 53, 49 million US dollars refinanced by OAKB "Uzpromstroybank", provided in process of development within the signed contracts of detailed specifications and technical project solutions with conducting their examination in the Ministry of Foreign Economic Relations, Investments and Trades, for a period of 7 years, including grace period 2 years, with interest rate of 3,5 of annual interest rate, including margin of the refinancing 0,5 bank of annual interest rate;

the credit of the national commercial People's Bank in the amount equivalent 31, 43 million US dollars, from means of the Funded pension system for a period of 7 years, including grace period 2 years, with interest rate of 10 annual interest rates;

Disclaimer! This text was translated by AI translator and is not a valid juridical document. No warranty. No claim. More info