Uzbekistan's national oil and gas company, Uzbekneftegaz, plans to participate in the project to develop the Shah Deniz gas field in the Azerbaijani sector of the Caspian Sea, Uzbek Investment, Industry and Trade Minister Laziz Kudratov told …
Exploration and search for new gas reserves continues across Uzbekistan. The issue was discussed during Uzbek President Shavkat Mirziyoyev's meeting with the Uzbekneftegaz company. Gas industry leaders presented information on …
Uzbekistan plans to increase natural gas production more than 20% by the end of the decade, but will keep most of the extra output at home even as Europe clamors for supply
Growing integration of national energy systems across the five nations of Central Asia is helping to ease congestion and power outages arising from peak power usage, Uzbekistan’s First Deputy Energy Minister Azim Ahmedkhadzhayev said
The government of Uzbekistan has surprised international economists by announcing plans to forge ahead in 2021 with its ambitious privatisation plans, despite the global Covid-19 pandemic, Euronews writes in the article Despite the pandemic, Uzbekistan’s privatisation plans forge ahead. The virus has caused enough economic stress that the European Bank for Reconstruction and Development (EBRD) recently suggested a slow-down of major privatisations might be wise. “Earlier plans for large-scale privatisation of state-owned banks and enterprises may have to be delayed in case of slower-than-expected economic recovery,” the bank’s annual country assessment said
The privatisation campaign is part of broader reform drive aiming to modernise and open up the economy
Azerbaijan`s and Uzbekistan`s state oil firms, SOCAR and Uzbekneftegaz, have agreed to jointly develop oil and gas fields. The two companies reached agreement as the SOCAR President Rovnag Abdullayev and the …
The State Oil Company of the Azerbaijan Republic (SOCAR) and Uzbekneftegaz National Holding Company plan to establish a joint venture to introduce the energy-saving technologies in the Uzbek oil and gas industry. The sides signed a …
