TASHKENT, Uzbekistan, January 30. Uzbekneftegaz
plans to maintain stable natural gas production in 2026–2027 and
implement more than 300 geological and technical measures, Trend reports via the press
service of the Uzbek president.
The plans were presented during President of Uzbekistan Shavkat
Mirziyoyev’s review of proposals aimed at improving the company’s
operational efficiency.
Priority areas include enhancing the effectiveness of geological
exploration and technical operations, expanding the resource base,
ensuring production stability, and improving procurement
procedures. The strategy also provides for the development of
value-added chains through deeper gas processing, the production of
import-substituting and export-oriented goods, and the financial
recovery of the company and its subsidiaries.
The president emphasized the need to boost operational
efficiency, including strengthening financial sustainability
through divestment of non-core assets, the termination of
sponsorship spending, and cost optimization. Additional priorities
include the digitalization of production processes, the wider use
of artificial intelligence, stronger internal control and
compliance systems, enhanced oversight of financial flows, and
anti-corruption measures.
During the presentation, attention was also paid to technogenic
incidents occurring during geological exploration, including in the
Surkhandarya region. It was noted that such cases are part of
complex exploration processes and are common in global practice.
The president instructed officials to strengthen continuous
monitoring in exploration areas, introduce modern control
technologies, and ensure public safety.
Furthermore, Uzbekneftegaz has been assigned the responsibility
of achieving a natural gas production target of no less than 25.4
billion cubic meters in 2026.
In total, Uzbekistan’s natural gas production reached 42.3
billion cubic meters over the period from January through December
2025, reflecting a 2.4% increase compared to the 41.3 billion cubic
meters produced in 2024.
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