Oil and Gas of Uzbekistan

[Oyaji]

So how much oil and gas reserves does our country have guys? what does it weigh in terms of money?

oil: 5300 million tons = 33 billion barrels at $125 = $4,000 billion
condensed gas: 480 million tons at $150 a ton = 72 billion
gas: 5095 billion m3 = at $400 a 1000 m3 = $2,038 billion

please help calculating this load of money :D

and is it true that our country has that much potential?! why the hell are we smoking bamboo then :D

source:
http://strategis.ic.gc.ca/epic/site/imr-ri.nsf/en/gr124116e.html

[Maroon]

So how much oil and gas reserves does our country have guys? what does it weigh in terms of money?

oil: 5300 million tons = 33 billion barrels at $125 = $4,000 billion
condensed gas: 480 million tons = ?
gas: 5095 billion m3 = ?

please help calculating this load of money :D

and is it true that our country has that much potential?! why the hell are we smoking bamboo then :D

source:
http://strategis.ic.gc.ca/epic/site/imr-ri.nsf/en/gr124116e.html

Umm...coz all the money goes into the pockets of private individuals, and that's why people are "smoking bamboo".

Haven't you heard yet? :lol:

[Googler]

Oil - production:
124,900 bbl/day (2005)

Oil - consumption:
155,000 bbl/day (2005)

Oil - exports:
6,941 bbl/day (2004)

Oil - imports:
11,230 bbl/day (2004)

Oil - proved reserves:
594 million bbl (1 January 2006 est.)

Natural gas - production:
62.5 billion cu m (2006 est.)

Natural gas - consumption:
48.4 billion cu m (2006 est.)

Natural gas - exports:
12.5 billion cu m (2006 est.)

Natural gas - imports:
0 cu m (2005)

Natural gas - proved reserves:
1.798 trillion cu m (1 January 2006 est.)


https://www.cia.gov/library/publications/the-world-factbook/geos/uz.html#Econ

[Oyaji]

googler, what's bbl?!

the figures seem to be different, whom to trust?1 :D

[Googler]

googler, what's bbl?!


barrels per day


the figures seem to be different, whom to trust?1 :D

I would trust to the CIA report. :)

[Oyaji]

barrels per day



I would trust to the CIA report. :)

600 mln barrels per day = $75 billion a day?! :lol:

for how many days?! :lol:

p.s. do you know the market price for gas these days (to caclulate the gas income)?

[Googler]

p.s. do you know the market price for gas these days (to caclulate the gas income)?

Gazprom's export price for Europe in June was 410 $ for 1000 cu m.

[Googler]

600 mln barrels per day = $75 billion a day?! :lol:

for how many days?! :lol:


Here bbl is the stock of proved reserves of crude oil in barrels (bbl).

[Oyaji]

Here bbl is the stock of proved reserves of crude oil in barrels (bbl).

that doesn't seem much :(

[Oyaji]

googler, can you google for the price of condensed gas?! :D

[Googler]

googler, can you google for the price of condensed gas?! :D

I can only tell prices set by FST Russia in 2007 for local market:

Wholesale of condensed gas was 3500 RUR per ton as of 1 January 2007.

http://www.fstrf.ru/region/lenta/34/-source-26-id-83

[Mar(a)don(a)]

O'zbekiston Gazpromga 1000 m3 gaz narxini 130 USD dan 160 USD ga chiqardi.
O'tgan yili 1000 m3 gazni 100 USD dan ogandi.

[Oyaji]

Gazprom's export price for Europe in June was 410 $ for 1000 cu m.

so even if our country manages to take it's yearly exports of gas to 50 billion m3 (and manages to sell it at that price :D ), it will add only $20 billion to our economy ($723 per head), not very much :(

so we keep exporting our human resources for now :D (until prices for gas and oil soar even higher :D )

[Ma'ruf]

so even if our country manages to take it's yearly exports of gas to 50 billion m3 (and manages to sell it at that price :D ), it will add only $20 billion to our economy ($723 per head), not very much :(

so we keep exporting our human resources for now :D (until prices for gas and oil soar even higher :D )

Or until they find an alternatives for these resources. And that's when we get **cked up completely.

[Googler]

so even if our country manages to take it's yearly exports of gas to 50 billion m3 (and manages to sell it at that price :D ), it will add only $20 billion to our economy ($723 per head), not very much :(


Uzbekistan produces around 60 bln cu m of gas per year and only 25-27 % of which is exported.
According to the state "Uzbekneftegaz" in 2008 it will export gas to Russia about 12.75 bln cu m (in 2007 - 10 bln cu m) and around 3 bln cu m to its neighbours.

As for export price, I read for Russia this year it is about 130 - 150 $ per 1000 cu m.