BAKU, Azerbaijan, August 11. Uzbekistan is moving to strengthen the stability of its oil and gas market, with President Shavkat Mirziyoyev calling for higher domestic production, stronger reserves and uninterrupted supplies to consumers amid rising demand for hydrocarbons.
This was reflected in the statement by the press service of the Uzbek president.
Mirziyoyev reviewed a presentation on measures to ensure stable operations in the oil and gas market and maintain reliable supplies of natural gas and petroleum products to households and businesses.
The presentation covered oil and gas production, imports, processing, storage and deliveries to consumers. Officials emphasized the need to accurately forecast demand by sector and region, prioritize the domestic market and strictly follow supply schedules.
Particular attention was given to Uzbekneftegaz's efforts to maintain stable natural gas production, maximize output from existing fields and bring new wells online on schedule.
Twenty-seven new wells are expected to be commissioned in August, with additional production of 887,000 cubic meters of natural gas anticipated from the Yangi Kultak, Niyoz, Koratau, Marvarid and Tegirmon fields.
"It is critically important to establish daily control over every process, from drilling wells to connecting them to the gas transportation system, while ensuring uninterrupted operation of electricity supplies and production infrastructure," the presidential administration said.
The government also called for more efficient use of existing processing capacity and a reliable supply of raw materials to oil and gas companies. Increasing production of products in high demand on the domestic market was identified as another priority.
The measures come as Uzbekistan faces growing demand for natural gas and petroleum products, driven by expanding industrial capacity and rising household consumption. Maintaining sufficient supply will be particularly important during periods of seasonal demand, when pressure on the domestic energy system typically increases.
Authorities were instructed to build adequate reserves in advance and coordinate the operations of companies involved in production, transportation and distribution.
Price stability was another major focus. Officials emphasized maintaining sufficient market supply, aligning exchange-traded product volumes with demand and reducing production and logistics costs. Authorities were also ordered to prevent artificial shortages, unjustified supply restrictions and practices aimed at inflating prices.
Uzbekneftegaz was tasked with meeting its oil and gas production targets and increasing liquefied gas output to 606,000 tons by the end of 2026, up from the previously planned 520,000 tons.
The president also ordered officials to conduct daily assessments of domestic demand, identify potential supply risks in advance and take corrective measures promptly.
