Uzbekneftegaz

Uzbekneftegaz may join Shah Deniz project

Uzbekneftegaz may join Shah Deniz project

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 …

Uzbekistan discovers new gas reserves

Uzbekistan discovers new gas reserves

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 seeks energy hub role for Central Asia

Uzbekistan seeks energy hub role for Central Asia

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

Uzbekistan’s privatisation plans forge ahead

Uzbekistan’s privatisation plans forge ahead

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

SOCAR and Uzbekneftegaz plan to create joint venture

SOCAR and Uzbekneftegaz plan to create joint venture

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 …