Uzbekistan and China have set their sights on increasing their trade turnover to $20 billion “in the near future,” following high-level negotiations in Beijing on January 24 between Uzbek President Shavkat Mirziyoyev and Chinese leader Xi Jinping. Bilateral trade in 2023 hit the $14 billion mark. A statement on the …
Read More »Russia Considering Increase of Oil Supply to Uzbekistan
Russia is working on the possibility of increasing exports of oil and petroleum products to Uzbekistan, Deputy Prime Minister Denis Manturov said, Trend reports. The remark was made during the meeting of the intergovernmental commission on economic cooperation between Russia and Uzbekistan. The official noted that, the Russia supports Uzbekistan’s …
Read More »World Bank Provides $46.25 Million for Uzbekistan’s Clean Energy Transition, Energy Efficiency
During the 2023 World Bank Group and International Monetary Fund Annual Meetings in Marrakech, Morocco, the government of Uzbekistan and the World Bank signed an agreement to allocate $46.25 million for financing the Innovative Carbon Resource Application for Energy Transition Project (iCRAFT). These funds will help implement a project supporting …
Read More »Putin Launches Russian Gas Shipments to Uzbekistan
Russian Vladimir Putin on Saturday announced the start of gas supplies to Uzbekistan via Kazakhstan, a boost for Russia’s industry hit by a flurry of Western sanctions over the offensive in Ukraine. Despite being home to a wealth of natural resources including gas, the Central Asian country of Uzbekistan has …
Read More »China’s Innovative Inroads into Central Asia
Kazakhstan and China are looking to boost joint scientific research. Kazakhstan’s science and higher education minister, Sayasat Nurbek, met with top officials of the China-based Center for Technology Transfer of the SCO Member States (SCO CTTC), the ministry’s press service reported July 24. The parties discussed potential partnerships “in the …
Read More »Uzbekistan Resumes Gas Imports from Turkmenistan
Uzbekistan has resumed gas imports from Turkmenistan, Trend reports via Uzbek Uztransgaz Company. According to the source, on January 21, 2023, Turkmenistan’s Türkmengaz state-owned company resumed gas supplies to Uzbekistan. Due to an accident that occurred at the Galkanish gas field of Turkmenistan since January 12, 2023 gas supply to …
Read More »Turkmenistan Suspends Gas Supplies to Uzbekistan, Iran and Decreases to China
Turkmenistan has suspended gas supplies to Uzbekistan through the Daryalyk station since January 12, Gazeta.uz reported. This supplies were suspended for technical reasons due to abnormal frosts in the region. Low temperatures led to the formation of hydrate in the infield communications of the Galkanysh gas condensate field, the newspaper …
Read More »China Signs Major Railroad Deal with Uzbekistan and Kyrgyzstan, Bypassing Russia
China, Kyrgyzstan and Uzbekistan have signed a long-anticipated agreement to push ahead with the construction of a railroad linking their countries that will, if completed, establish a shorter route to Europe, bypassing sanctions-hit Russia. The three governments signed the agreement on September 14 on the sidelines of a summit of …
Read More »Saudi Arabia is Planning to Build the World’s Largest Wind Farm in Uzbekistan
Uzbekistan’s president has returned from a trip to Saudi Arabia with $14 billion in promised investments, his office says. Of that, $12 billion is earmarked to address chronic energy shortages. The agreements include a pledge for Saudi firm ACWA Power to build a 1.5 GW wind farm in Karakalpakstan. Uzbekistan’s …
Read More »U.S. to Help Uzbekistan Explore New Shale Deposits
Scientists from the United States will team up with experts from Uzbekistan to prospect for shale oil and gas deposits this year as Tashkent moves to ramp up production to tackle energy shortages and provide raw material for the gas-processing industry. Experts from the United States Geological Survey, or USGS, …
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