• KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
  • KZT/USD = 0.00221
  • TJS/USD = 0.10850
  • UZS/USD = 0.00008
  • TMT/USD = 0.29760
25 October 2026

Viewing results 1 - 6 of 2

Uzbekistan Gas Exports Fall 35% as Imports Rise

Uzbekistan is spending more on gas imports while earning less from exports. In January-August 2026, exports of natural and manufactured gas fell 34.8% year-on-year to $322.3 million, according to data from the National Statistics Committee of the Republic of Uzbekistan. Over the same eight months, the country imported $1.22 billion worth of gas, 15.2% more than a year earlier. Of that amount, $124.3 million was spent on liquefied gas, including propane, with the value of those imports rising about 3.5-fold. In value terms, Uzbekistan imported almost four times as much gas as it exported. The country continues to sell gas to China while bringing in supplies from Russia and Turkmenistan to cover its domestic needs. Domestic natural gas production fell 16.3% year-on-year to 24.2 billion cubic meters in January-August, while demand remains high. The government said in August that expanding industrial capacity and the needs of a growing population were increasing demand for natural gas and petroleum products, with seasonal consumption adding further pressure. Five gas fields have been discovered since the beginning of the year, while 80 wells have been drilled, some to depths of 6,000 meters or more. Another 40 are planned for the fourth quarter. In May, BP p.l.c., formerly British Petroleum, acquired a 40% stake in a project covering six exploration blocks in western Uzbekistan’s Ustyurt region. State-owned Uzbekneftegaz and the State Oil Company of the Republic of Azerbaijan (SOCAR) each hold 30%. SOCAR operates the project and has been carrying out seismic exploration ahead of drilling. Uzbekistan is also expanding its gas transmission system. Plans include new trunk pipelines and upgraded compressor stations, while the introduction of modern electric motors at some stations is expected to save up to 125 million cubic meters of gas a year.

Uzbek Companies Begin Gas Exploration at Afghanistan’s Toti-Maidan Field

Uzbek companies have received official licenses from Afghanistan to explore and produce hydrocarbons, Uzbek Energy Minister Jurabek Mirzamakhmudov announced in a documentary titled The Path of a New Uzbekistan - A Truth Recognized by the World, broadcast on Uzbekistan 24. According to Mirzamakhmudov, Afghan authorities have granted Uzbek firms the right to conduct geological exploration and develop hydrocarbon deposits on Afghan territory. Work began in mid-September at the Toti-Maidan gas field in Jowzjan province under a 25-year contract signed with the Uzbek company Eriell KAM. “This will be the first stage,” Mirzamakhmudov said, as quoted by Uzbek media. “Depending on the results, we plan to expand cooperation to new sites. The project is being implemented as an initiative that will benefit both the Uzbek and Afghan economies.” The Toti-Maidan field spans approximately 7,500 square kilometers and includes around 30 wells, according to Afghanistan’s Ministry of Mines and Petroleum. Uzbekistan is expected to invest about $100 million annually over the next decade, with plans to process the extracted gas domestically. Mirzamakhmudov emphasized that the initiative reflects Uzbekistan’s growing role in regional energy cooperation and aligns with its policy of fostering mutually beneficial ties with neighboring countries. He noted that the project aims to support local industry development and job creation in both nations. In August 2025, Uzbek and Afghan energy companies signed a series of agreements in Kabul to implement four major infrastructure projects. These include the construction of a 500-kilovolt Surkhan-Dasht-e Alwan transmission line, substation expansions in Arghandeh and Nangarhar, and upgrades to the Kabul-Nangarhar power corridor.