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2011-08-24

Korea, Uzbekistan Agree on Resource Development


On the second leg of his Central Asia tour, President Lee Myung-bak met with his Uzbek counterpart Islam Karimov in Tashkent on Tuesday. They agreed to develop natural resources worth US$4.16 billion.

The agreement envisages developing the Surgil gas field near the Aral Sea, which has a deposit of 130 billion cubic meters of natural gas -- equivalent to 96 million tons of liquefied natural gas or 830 million barrels of crude oil -- and building a gas and chemicals plant.

Lee leaves Uzbekistan for Kazakhstan on Wednesday.

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