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DATE APPROVED: July 2, 1996
LOAN AMOUNT: IBRD—$109 million
PROJECT DESCRIPTION: This project will help reduce production drops in the Uzen oil fields, generate reinvestment resources, reorganize the Uzenmunaigas company, and improve environmental management. The project will finance the procurement of equipment and chemicals; replacement of flowlines; testing and logging of wells; hiring of a contractor for workover programs; provision of equipment, technical assistance, studies, audits, and a pilot program for environmental protection and cleanup; consulting and technical assistance to Uzenmunaigas for improved financial, accounting, and management systems; acquisition of computer systems and software for financial and reservoir management; and project management and training services and support. For more information, call Jan Pakulski (202) 473-1797, fax 473-3362, e-mail [email protected]. |
