On June 16, 2004, a Product Sharing Agreement was signed for Kandym group of fields, Khauzak, Shadi, as well as for Kungrad sites between the Republic of Uzbekistan and the Consortium of Investors viz.: LUKOIL Open Joint-Stock Oil Company and Uzbekneftegaz National Holding Company, that became effective on November 24, 2004. Main actitivies - Oil and mainly natural gas exploration and production in Uzbekistan. Product - Oil, NG and LNG