American-Uzbekistan Chamber of Commerce
BUSINESS NEWSLETTER
 
Week in Review:
June 15, 2012 - June 22, 2012

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In This Issue:
AUCC IN BRIEF
GM Uzbekistan sells 625 cars in Kazakhstan in May
Uzbek parliament prepares to ratify agreement on transit of goods to Afghanistan
Kogas announces tender for processing seismic data in Uzbek field
KBR to provide SCORE(TM) Technology and Integrated EPC Support for ethylene plant in Uzbekistan

Established in 1993, the American-Uzbekistan Chamber of Commerce (AUCC) is a private, non-profit trade association representing interests of U.S. businesses ranging in size from small private enterprises to large, multinational corporations conducting business in Uzbekistan.

Our Mission: To advocate the views of the business community to ensure that private sector positions are considered during the development of key policies that impact American businesses and the future of U.S.-Uzbekistan relations.

Our Objective: To serve the needs of its members by strengthening commercial relations between the United States and Uzbekistan.
http://uzdaily.com
GM Uzbekistan, an Uzbek-US carmaker, sold 625 automobiles in Kazakhstan in May 2012 against 404 cars in the same period of 2011, the consulting company Qncepto said in its report.

The sales growth made up 54.71%. The report said that in May GM Uzbekistan claimed the fourth place in Kazakh market on the volume of sold cars.

According to the report, Nexia model claimed the fourth place among bestselling cars in Kazakhstan in the May 2012 compared to the third place in April 2012.

Other model of the Uzbek carmaker Matiz slipped four positions in May compared to April and now holds the seventeenth place among the bestselling cars, Qncepto said.

http://en.trend.az/ 

Faction of the Social Democratic Party "Adolat" (Justice) in the Legislative Chamber of Oliy Majlis (Parliament) of Uzbekistan discussed a law on ratification of the US-Uzbek intergovernmental agreement on air transit of cargo and personnel through the country's territory in connection with U.S. participation in efforts to achieve security, stability and reconstruction of Afghanistan, the party said.

Chairman of the Legislative Chamber Committee on Defense and Security Juraev Kodir presented the bill.

During the discussions it was noted that the bill is supported by relevant departments and ministries of the country.

Uzbekistan and the U.S. signed the agreement in Tashkent on March 28.

Legislative Chamber will consider the law on ratification of the agreement in the first reading after discussing it with all factions of the parliament.

The Legislative Chamber of Uzbek Parliament has 150 MPs elected in December 2009 for a term of five years from the four political parties and the Ecological Movement of Uzbekistan.

The faction of the Liberal Democratic Party is represented by 53 MPs, People's Democratic Party - 32 MPs, the Democratic Party "Milly Tiklanish" (National Revival) - 31 MPs, the Social Democratic Party "Adolat" - 19 MPs. Ecological Movement of Uzbekistan is represented by 15 MPs.

http://uzdaily.com 
Korea Gas Corporation (Kogas) announced a tender on processing 2D seismic data at investment block at Ustyurt oil and gas region of Uzbekistan.

In line with tender terms, the winner will process old 2D seismic data of 430 km and new 2D seismic data of 567 km at block 13 (within Uzunkui-Tuarkyr investment block in Ustyurt region). The applications can be submitted till 16 July 2012.

Uzbekneftegaz and Kogas signed an agreement on joint research of Uzunkui-Tuarkyr investment block in Ustyurt region in May 2008.

Within the agreement, Korean firm should carry out 2D seismic exploration at 1,100 km and drill two wells in three years.

http://www.marketwatch.com
KBR announced today that it will provide an integrated technology, engineering, procurement and construction support solution for Uz-Kor Gas Chemical's flexible feed, 400,000 metric ton per year ethylene plant in the Ustyurt region of Uzbekistan. The plant will be the first ethylene plant based on KBR's license in Uzbekistan and will utilize KBR's proprietary SCORE(TM) (Selective Cracking and Optimum Recovery) technology.

KBR will deliver the basic engineering package, SCORE(TM) technology license, operator training, start-up services and in-country construction assistance. KBR will also provide detailed engineering and design for the furnace section of the ethylene plant and supply equipment related to the ethylene furnace. GS Engineering and Construction Corp. will supply additional engineering, procurement, and construction for the project. This project will further strengthen KBR's working relationship with GS Engineering & Construction as providers of competitive Lump Sum EPC solutions to potential customers.

KBR's SCORE(TM) technology provides the petrochemical industry with state-of-the-art technology optimized from both a design contractor's and ethylene producer's perspective.

"We are excited about the opportunity to provide KBR's technology and services for the first time in an Uzbek plant," said David Zelinski, KBR's Downstream President. "The region's abundant supply of gas and other natural resources have the potential to deliver growth and prosperity to both KBR and Uzbekistan."


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