Uzbekneftgaz (Uzbek oil and gas) national holding company and the CNPC (China National Petroleum Corporation), China's national oil and gas prospecting and development corporation, have signed an agreement on prospecting at energy investment fields in Uzbekistan, according to local media.Khalq Sozi reported that under the agreement the Chinese company will carry out prospecting at five investment fields - Ustyurt, Bukhara, Khiva and Ferghana - in Uzbekistan.
It is reported a total of US$208.5 million will be invested in the project which will last five years.
