The agreement was signed by Omar Suwaina Alsuwaidi, Executive Office Director, ADNOC, and Bakhrom Ashrafkhanov, Chairman of the Board, Uzbekneftegaz, at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), taking place in Abu Dhabi until 15 November 2018.

Uzbekneftegaz was established on 3 May 1992. It has partnerships with the Korea National Oil Corp., Lotte Chemical, KOGAS, China National Petroleum Corp., Lukoil, Gazprom and others. Uzbekneftegaz is currently implementing such strategic projects as construction of a gas-to-liquids plant and revamping of Shurtan Gas Chemical Complex.