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“Uzbekneftegaz” exceeded its export plan by 46.4%
JSC “Uzbekneftegaz” exported products worth $803.7 million in January–October 2026, exceeding the planned target by 46.4%. This was reported by the company’s press service.
Over ten months, the plan for the production of marketable goods was fulfilled at 103.7%, and the growth rate was 7.5%. The plan for investment development was fulfilled in full, while the localization of production was exceeded by 29.5%.
Production costs were reduced by 2.1 trillion soums, and payments to the state budget amounted to 7.9 trillion soums.
The volume of liquid hydrocarbon production reached 1.016 million tons.
The company also exceeded its plans for the production of automotive gasoline, diesel fuel, liquefied gas, aviation kerosene, sulfur and polyethylene.
At an operational meeting chaired by Uzbekneftegaz head Abdugani Sanginov, the results of work over ten months and tasks through the end of the year were reviewed.
Among the priorities identified were ensuring production stability, accelerating investment projects, strengthening executive discipline and preparing for 2027.
Following an on-site study of the situation at the enterprises of the Mubarek, Shurtan, Gazli and Ustyurt oil and gas production departments, a decision was made to implement 459 measures. Their implementation is expected to make it possible to additionally increase daily gas production by 3.4 million cubic meters.
The company intends to produce 22.8 billion cubic meters of natural gas by the end of 2026. Sanginov instructed the responsible employees to ensure the timely and high-quality implementation of geological and technical measures and the effective use of the potential of each well.
In addition, the company’s rating on environmental, social and corporate criteria (ESG) increased from 50 to 55 points.
The meeting also discussed the preparation of workers’ dormitories and wagon houses for winter, the condition of heating systems, providing employees with winter workwear and footwear, hot meals and drinking water.
Following inspections by four working groups, the responsible persons were instructed to eliminate the identified shortcomings.
For 2027, the task has been set to prepare proposals for expanding social support for employees and improving working conditions.
It was also instructed to develop regulations for the “Pride of the Oil and Gas Industry” badge and a development program for the branch of Gubkin University.
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