19.12.2024

On December 19, President Shavkat Mirziyoyev chaired a meeting dedicated to the current state and measures to further increase gas production.

Chairman of “Uzbekneftegaz” JSC presented a report on work accomplished in the current year and priority tasks for 2025.

It was noted that work on a number of projects with the participation of foreign companies is underway. In cooperation with them, projects to stabilize gas production next year have been formed. In particular, new production wells will be drilled and existing production wells will be repaired using modern technologies.

Insufficient attention to geological exploration for many years was named as the main problem of the industry. As a result, some fields have almost exhausted their reserves, while the efficiency of others remains low. To solve this problem it is planned to introduce modern technologies and start geological exploration at 15 promising areas. The area of seismic exploration will be increased to 6.5 thousand square kilometers. 

Responsible persons have been instructed to develop with the involvement of major foreign companies and experts a program for the development of geology and the development of new deposits in 2025.

The transformation of "Uzbekneftegaz" JSC will continue, and one of the main tasks will be to reduce production costs and improve its international credit rating. Next year it is planned to attract funds from international sources to finance production and exploration projects. 

The Head of State also pointed that along with investments and new technologies, the personnel issue is also important. Instructions have been given to improve the quality of education and training of modern specialists, invite qualified compatriots operating abroad.