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A Major Oil and Gas Field May Be Discovered on the Ustyurt Plateau with Reserves of 100 Million Tons of Oil and 35 Billion Cubic Meters of Gas

Uzbekistan and the State Oil Company of Azerbaijan (SOCAR) have signed a production sharing agreement for the Ustyurt Plateau. According to the O’zbekiston 24 TV channel, the project is valued at nearly $2 billion. The agreement provides for large-scale seismic surveys, geological exploration, and subsequent hydrocarbon production.

28 July 08:48

Other News

President of Uzbekistan: Up to 75% of Corruption Cases Occur at the Grassroots Level

On 29 July, President Shavkat Mirziyoyev reviewed a report on measures to combat and prevent petty corruption, which, according to experts, accounts for up to 75 percent of all detected cases and is most acute at the city and district levels.

29 July 15:45

Uzbekistan to build robotic clinic and agro-logistics hub in Andijan with foreign investment.

Uzbekistan is drawing advanced technologies and foreign investment to the Andijan region, with plans underway to establish a high-tech clinic equipped with robotic medical technologies from Germany, Turkey, and Japan. The project will involve $40 million in investment..

29 July 15:39

Sri Lanka offers Uzbekistan access to its seaports.

Uzbekistan’s Ambassador to Sri Lanka (resident in Islamabad), Alisher Tukhtaev, met with Sri Lanka’s Minister of Trade, Commerce, Food Security and Cooperative Development, Wasantha Samarasinghe, to discuss ways to deepen bilateral economic cooperation..

29 July 15:38

Azizbek Turgunboev Returns to Pakhtakor

Midfielder of the Uzbekistan national team, Azizbek Turgunboev, is set to rejoin Tashkent’s Pakhtakor. According to the Professional Football League’s press service, the player has signed a one-and-a-half-year contract running until 31 December 2026.

29 July 15:27

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