What is the energy sector like in Uzbekistan?
In Uzbekistan, the energy sector is concentrated in the hands of two monopolies, Uzbekenergo and Uzbekneftegaz, with mineral resources and rare-earth minerals concentrated at metallurgy plants, which the government intends to upgrade through a number of sponsored programmes, and with the active assistance of foreign contractors and suppliers.
How much renewable power does Uzbekistan have?
Uzbekistan targets 27 GW of renewable capacity by , i.e., 50% more than its current installed capacity (). JSC "Thermal Power Plants" is the largest power utility with 70% of the total capacity. Uzbekneftegaz is the national oil and gas company. Natural gas accounts for 87% of the power mix.
How much gas does Uzbekistan have?
Uzbekistan has large gas reserves (around 867 bcm of proven reserves) and more modest oil reserves (around 81 Mt) (end of ). Around 80% of gas reserves are located in the Amu Darya basin in the Bukhara region. The country also has significant uranium reserves (50 Mt). Uzbekneftegaz has increased the gas prices several times.
Is Uzbekneftegaz a state-owned company?
Uzbekneftegaz (UNG, 99.94% state-owned) is the national oil and gas company. It was reorganised in by merging different subsidiaries in the gas and oil upstream and downstream activities. Uzbekistan has large gas reserves (around 867 bcm of proven reserves) and more modest oil reserves (around 81 Mt) (end of ).
Is Uzbekistan a middle-income country?
Uzbekistan's energy intensity is among the highest in the world but is falling rapidly (-6.5%/year since ). As part of its "Economic Development Vision ", the Government plans to transform Uzbekistan into an industrialised middle-income country by achieving a per capita income of US$6 500 by and US$8 500 by .
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