Uzbekistan’s largest gas producer Uzbekneftegaz predicts a further drop in production to 26.5 billion cubic meters by 2025, marking a decrease of 2.8 billion cubic meters from this year’s forecast and 5.7 billion cubic meters compared to 2022 levels.
President of Uzbekistan Shavkat Mirziyoyev and chairperson of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedow agreed to increase Turkmen gas exports to Uzbekistan. They also discussed joint gas projects planned for the near future.
Uzbekistan has accumulated over 5.1 billion cubic meters of gas for the winter, up 1.1 billion from last year, according to energy minister Jurabek Mirzamahmudov. He also noted increased energy production from renewables.
Electric and gas distribution networks in all regions of Uzbekistan are to be transferred to private operators. A tender in Samarkand region will be launched in October.
In 2025−2026, Uzmetkombinat, Uzvtortsvetmet, Uztrade, Uzkimyoimpeks, UzGasTrade, and Uzenergosotish are expected to lose their exclusive rights. Starting in 2026, restrictions on exports of copper cathode and copper wire rod purchased at exchange trades will be lifted.
Malaysian oil and gas company Petronas will participate in the implementation of two large gas processing projects in Uzbekistan, minister of investment Laziz Kudratov shared. The company closed its representative office in Uzbekistan 10 years ago and withdrew from all projects.
Minimum expenditure basket in Uzbekistan, also used to determine the poverty line, has risen by 4.3%, from 621,000 soums to 648,000 soums (from $49 to $51) per month. This adjustment, the second this year, reflects the upcoming increase in gas and electricity tariffs from 1 May.
Gas and electricity production costs far surpass current tariffs unchanged since 2019, said a Finance and Economy Ministry official. Inflation has reached 66% over this period, he added. Agency for Social Protection noted that 1.5 million needy families will receive aid to cope with the price hike.
From May 1, electricity and gas tariffs in Uzbekistan will increase for the first time since August 2019. The subsequent increase is set for April 2025. The government is also introducing “social norms” for gas and electricity use.
Gas, oil, electricity, and gasoline production in Uzbekistan dropped in February. In a month, gas output decreased by 284.4 million cubic meters, gasoline by 8,100 tons and electricity by 626.6 million kWh. c
In late January, Uzbekistan’s gas production dropped 9.4% to 3.99 billion cubic meters from January 2023, though it remained higher than recent months. Oil, coal, gasoline, and diesel production also declined. The number of operational industrial enterprises decreased by 25,200.
Uzbekistan’s natural gas supplies to China almost halved in 2023, reaching $563.5 million. In December, exports amounted to $54.5 million.
Despite plans to increase the share of solar, wind and hydropower in electricity generation, Uzbekistan “will not give up gas,” Minister of Energy Jurabek Mirzamakhmudov declared. He said the country is aiming to almost double gas-fueled power generation.
Since October 7, Uzbekistan has imported about 300 million cubic meters of gas from Russia under a contract with Gazprom, Energy Minister Jurabek Mirzamakhmudov said. He again refused to reveal the price of imported “blue fuel.”
Uzbekistan increased its natural gas exports to China in May, with supplies rising to $78.16 million, almost double the amount exported in April. Despite this increase in exports, the country’s gas production continues to fall.
Gas production in Uzbekistan fell by 9.8% in the first five months of the year compared to the same period last year, with production falling for the second consecutive month in May. Meanwhile, electricity production showed record growth in May, while growth in oil production slowed to 3.1%.
The Energy Ministry of Uzbekistan announced details of a two-year gas agreement with Gazprom. It will supply 9 million cu.m. daily and an annual volume will reach almost 2.8 billion cu.m. This is in contrast to earlier reports by Kommersant, which stated that the volume would be twice as much.
An agreement on Russian gas supplies to Uzbekistan was signed between Gazprom and Energy Ministry of Uzbekistan, along with a road map for preparing the country’s gas transportation system. The supply of Russian gas to Uzbekistan via Kazakhstan will begin in the fourth quarter of 2023.
Uzbekistan resumed exporting natural gas to China after a three-month break. The volume of gas supplies in April amounted to $40.5 million.
Uzbekistan produced 16.26 billion cubic meters of gas in January-April 2023, which is a 9.5% decrease from the same period last year. Electricity and heat production also declined, while oil and coal production increased slightly.
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