A pool of unidentified foreign investors has made a splash in Uzbekistan's oil and gas sector with the investment vehicle Epsilon Development, which has secured rights for five mature gas-producing blocks, writes Vladimir Afanasiev.
Earlier this year, US-incorporated Epsilon signed workover contracts with state-owned oil and gas holding Uzbekneftegaz for the Kultak-Kamashinsky, Surkhansky, Mubareksky, West Fergansky and Ustyurtsky blocks.
The last block is divided into two work areas, Koskudyk and Ashibulak, according to the company.
