29th International Oil & Gas Uzbekistan Exhibition and Conference – OGU 2027

12 - 14 May 2027, CAEx Uzbekistan / Tashkent

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The issues of ensuring the stability of the oil and gas market are considered

President Shavkat Mirziyoyev got acquainted with the presentation on measures to ensure stability in the oil and gas market, uninterrupted supply of economic sectors and the population with hydrocarbon resources.

The expansion of production capacity and the growing needs of the population are increasing the demand for natural gas and petroleum products. In these conditions, it is extremely important to stably supply the domestic market with the necessary resources, take into account seasonal needs in advance and prevent unreasonable price increases.

The presentation examined the state of production, import, processing, storage and delivery of oil and gas to consumers. The need for accurate calculation of the needs of industries and regions, priority provision of domestic demand and strict adherence to delivery schedules was noted.

The work carried out at the Uzbekneftegaz joint stock company to maintain stable rates of natural gas production, effectively use the potential of existing fields and timely commissioning of new wells was discussed.

It is planned to put 27 wells into operation in August. Due to work at the Yangi Kultak, Niyoz, Koratau, Marvarid and Tegirmon fields, the possibility of additional production of 887 thousand cubic meters of natural gas will be created.

The importance of establishing daily control over all processes, from drilling wells to connecting them to the gas transportation system, as well as ensuring the uninterrupted operation of power supply and production infrastructure, was emphasized.

Particular attention is paid to the issues of uniform supply of oil and gas industry enterprises with raw materials, efficient use of existing capacities, as well as increasing the production of products that are in high demand in the domestic market.

The need for timely supply of hydrocarbon resources to the regions in sufficient volumes, early formation of the necessary reserves, as well as ensuring coordinated activities of enterprises engaged in production, transportation and sales of products was noted.

To maintain price stability, the importance of ensuring the required level of supply in the market, putting products up for exchange auctions based on demand, as well as reducing production and logistics costs was emphasized. An instruction was given to establish effective control to prevent cases of unreasonable restrictions on the supply of resources, the creation of artificial shortages and actions aimed at inflating prices.

In order to maintain a balance of supply and demand in the domestic market, to prevent interruptions in the supply of hydrocarbon resources and unjustified price increases, the Uzbekneftegaz joint-stock company has been tasked with ensuring strict implementation of the established forecast indicators for oil and gas production. It was instructed to increase the volume of liquefied gas production by the end of the year to 606 thousand tons instead of the planned 520 thousand tons.

Responsible persons were given instructions on daily analysis of the needs of the domestic market, early identification of risks in the supply sector, and timely adoption of the necessary measures.



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