BP Enters North Ustyurt PSA In Uzbekistan
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May 13 (Reuters) - BP PLC BP.L:
BP: BP ENTERS NORTH USTYURT PSA IN UZBEKISTAN:
BP: ACQUIRED TOTAL 40% PARTICIPATING INTEREST IN THE PSA – 20% FROM EACH OF THE EXISTING PARTNERS SOCAR AND UZBEKNEFTEGAZ
BP: AGREEMENT INCLUDES THE BOYTERAK, TERENGQUDUQ, BIRQORI, KHAROY, QORAQALPOQ AND QULBOY BLOCKS
BP: CONFIRMED ENTRY INTO A PRODUCTION SHARING AGREEMENT OR SIX BLOCKS IN THE NORTH USTYURT REGION OF THE REPUBLIC OF UZBEKISTAN
BP: FOLLOWING BP’S ENTRY, PARTICIPATING INTERESTS IN PSA ARE: BP 40%, UZBEKNEFTEGAZ 30% AND SOCAR 30%
Source text: [ID:]
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