Tuesday, 22, October, 2019

Economy

The President Shavkat Mirziyoyev signed the Additional measures to boost the development of Uzbekistan’s automotive industry decree.

From mid-June Kazakhstan began exporting electricity to Uzbekistan, the Kazakh Ministry of Energy said in a statement. 145 million kWh were supplied to Uzbekistan As of July 17 as per the electricity sale agreement between the two countries, with more than 1 billion kWh to be supplied to the Uzbek power grid during the year.

On July 16, Uzbekistan Airways began operating regular direct flights to Tbilisi. The ambassador of Uzbekistan to Georgia Sherzod Fayziev and the ambassador of Georgia to Uzbekistan Zurab Abdushelishvili and the head of the Georgian Tourism Authority Mariam Kvrivishvili solemnly greeted the passengers of the first flight at the Shota Rustaveli Tbilisi International Airport.

The Prime Ministers of Uzbekistan Abdulla Aripov and Kazakhstan Askar Mamin opened the Beineu - Akjigit - Uzbek border (to Nukus) international highway. The footage of the opening ceremony was published on the Instagram page of the Kazakh PM.

Uzbekistan intends to hand over to foreign companies some 50 fields with falling oil production rates for furhter development on the basis of risk-service deals.

Uzbekistan is seeking to invest in mega gas pipeline project involving Turkmenistan, Afghanistan, Pakistan and India. Uzbekistan is also seeking to invest in the construction of the pipeline and excavation works in Afghanistan.

Uzbekistan has decided to build another two power units for the nuclear power plant, the minister of energy Alisher Sultanov told Kun.uz. 

Industrial gas inflow was obtained at the Aralyq field in Karakalpakstan, Uzbekneftegaz said in a statement. The depth of the exploratory well No. 1 of the new field reaches 3,910 m. The preliminary production of the gas-condensate mixture was at 700-800 thousand cubic meters a day. 

On July 9, President Shavkat Mirziyoyev signed a decree “On measures for stable provision of the economy and households with energy resources, financial rehabilitation and improvement of the management system of the oil and gas industry.”

The nuclear power plant, which is to be built in the Jizzakh province, is likely to be named Uzbekistan nuclear power plant, said First Deputy Minister of Energy, Director General of Uzatom Agency Jurabek Mirzamakhmudov.