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Gas production increase issues discussed

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Gas production increase issues discussed

On December 19, President Shavkat Mirziyoyev chaired a meeting on the current state and measures to increase gas production.

The Chairman of Uzbekneftegaz JSC presented a report on the work carried out this year and priority tasks for 2025.

It was noted that work is underway on several projects with the participation of foreign companies. In cooperation with them, projects have been formed to stabilize gas production volumes next year. In particular, new wells will be drilled, and existing production wells will be repaired using modern technologies.

The industry’s main problem is insufficient attention to geological exploration over many years. As a result, some fields have almost exhausted their reserves, while the efficiency of others remains low. To solve this problem, it is planned to introduce modern technologies and begin geological exploration in 15 promising areas. The area of ​​seismic exploration will be increased to 6.5 thousand square kilometers.

Responsible persons have been instructed to develop a program for geology development and new fields in 2025 with the involvement of large foreign companies and experts.

The transformation of Uzbekneftegaz JSC will continue, with one of the main tasks being to reduce costs and improve the international credit rating. Next year, it is planned to attract funds from international sources to finance production projects and geological exploration.

The Head of state noted that the personnel issue is also essential along with investments and new technologies. Instructions have been given to improve the quality of education and training of modern specialists and to invite qualified compatriots operating abroad.