Economy

Russia should be sole country to exploit Uzbek gas - Ivanov

Russian First Deputy Prime Minister Sergei Ivanov said Uzbekistan should not let any countries other than Russia exploit its gas reserves.

Uzbek TV praises increase in oil, gas production

The step-by-step implementation of a long-term programme on developing the oil and gas industry of our country is yielding positive results. Processes are under way to modernize and upgrade all enterprises in this sphere in terms of equipment and technology. In particular, the Kokdumaloq joint venture put into operation its first unit of gas refining facility. A project to build a gas separation facility has been fully implemented in the Fargona oil refinery. It resulted in a considerable increase in production volume.

Latest News

A series of consultation meetings on effective decarbonization and resource saving start

05/02/2023Read more

Promising measures to develop Uzbek-Belarusian trade and economic cooperation discussed

05/02/2023Read more

Minister of Foreign Affairs and Foreign Trade of Hungary arrives in Uzbekistan

05/02/2023Read more

Uzbekistan to discuss natural gas price rise for Russia in December

Uzbekistan plans to hold talks with Russia in December on raising the price of Uzbek natural gas deliveries for 2008, a spokesperson for state oil and gas company Uzbekneftegaz said.

Russian deputy premier notes "serious interest" in Uzbek energy projects

Russian First Deputy Prime Minister Sergey Ivanov hopes for fruitful cooperation with Uzbekistan in energy, aircraft construction, and extracting and transporting uranium ore.

Uzbekistan, Russia sign energy, customs cooperation accords

Russian-Uzbek agreements on cooperation in several areas, in particular, aircraft construction and the oil and gas sector, and on cooperation between the two countries’ customs agencies, were signed today in the presence of Uzbek Prime Minister Shavkat Mirziyoyev and Russian First Deputy Prime Minister Sergey Ivanov.

Uzbekistan keeping flour, bread prices down - official

Uzbekistan is making efforts to keep down the prices of flour and bread in the country, the Uzbek Toshkent Haqiqati newspaper reported on 21 November.

Uzbekistan, Russia moot opening wagon producing joint venture

Russian and Uzbekistan will consider the possibility of setting up a joint venture for producing railroad wagons, ITAR-TASS reported quoting Russian First Deputy Prime Minister Sergey Ivanov said.

Uzbekistan 07/08 cotton crop 5.5 mln bales - US attache

Uzbekistan’s 2007/08 cotton crop is forecast at 5.50 million (480-lb) bales, up from a September forecast of 5.32 million bales and 5.36 million bales in the prior growing season, a US Agriculture Department attache in Ankara said on Wednesday.

Russia can occupy 50% of Uzbekistan’s investment market - Ivanov

Russian First Vice-Premier Sergei Ivanov has expressed confidence that Russia will be able to occupy more than 50% of Uzbekistan’s investment market.

Lukoil commissions Khauzak gas field in Uzbekistan

Vagit Alekperov, president of OAO Lukoil; Sergei Ivanov, First Deputy Chairman of the Russian Government; Rustam Azimov, First Deputy Prime Minister and Finance Minister of Uzbekistan; and Nurmukhammad Akhmedov, Chairman of Uzbekneftegaz Management Committee; participated in the official ceremony dedicated to commissioning Khauzak gas field located in Bukhara region, Uzbekistan.

Currency rates from 06/02/2023

$ 1 11317.06 +0.193%
€ 1 12369.55 -0.435%
₽ 1 160.95 -0.236%
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