Joint-stock company Uzbekneftegaz plans to bring 27 new wells into operation this August. Development of the Yangi Kultak, Niyoz, Karatau, Marvarid and Tegirmon fields will allow the company to extract an additional 887,000 cubic meters of natural gas, the press service of President Shavkat Mirziyoyev reported following a meeting on ensuring uninterrupted supplies of hydrocarbon resources to the population and businesses.
Officials noted that expanding production capacity and rising public demand are driving up the need for gas and petroleum products, making it essential to keep the domestic market stably supplied, anticipate demand in advance, and prevent unjustified price hikes.
Mirziyoyev instructed officials overseeing the oil and gas sector to calculate the needs of industries and regions precisely and strictly adhere to supply schedules. He also stressed the importance of establishing daily monitoring across every stage of the process, from drilling wells to connecting them to the gas transmission network. Particular attention, officials said, should now go to the uniform supply of raw materials to oil and gas enterprises, the efficient use of existing capacity, and boosting output of goods in high domestic demand.
The meeting also highlighted the need for timely delivery of hydrocarbon resources to the regions in sufficient volumes, early formation of reserves, and coordinated work among companies involved in extraction, transportation and sales.
To maintain price stability, officials said market supply levels must be sustained, products should be offered through exchange trading based on demand, and production and logistics costs should be reduced. Mirziyoyev instructed relevant agencies to set up effective controls to prevent unjustified restrictions on resource supplies, the creation of artificial shortages, and any actions aimed at driving up prices.
To avoid supply disruptions and cost increases, Uzbekneftegaz has been tasked with strictly meeting the established forecast targets for oil and gas production. The company must also raise its liquefied gas output by year-end from 520,000 tons to 606,000 tons.
