Uzbekistan has agreed new deals to attract foreign partners for its greenfield oil and gas and brownfield oil developments as the Central Asian nation looks to reverse declines in its oil production and boost its natural gas output.

The latest agreement was signed last week and involved Russian regional oil producer Tatneft, which signed heads of a production sharing agreement for the Pritashkentsky block with state-owned oil and gas holding company Uzbekneftegaz.

Under the first phase of the new agreement, Tatneft will re-interpret old seismic data on the block at its own expense before deciding whether it will move into a subsequent exploration phase, such as gathering new seismic data and drilling exploration wells.