With the support of SASOL, a modern mechanism will be introduced into the management of investment projects

In accordance with the transformation roadmap approved by UzAssets JSC, Uzbekneftegaz JSC is working on the implementation of the Stage-Gate methodology aimed at improving the efficiency of investment project management. This approach is designed to ensure a systematic evaluation of results at each stage of project implementation, reduce risks, and optimize costs.

On September 24 of this year, a meeting was held between the Chairman of the Management Board of Uzbekneftegaz JSC and representatives of the international company SASOL, during which the company expressed its readiness to provide practical support by sharing its experience. Based on this, Uzbekneftegaz JSC developed a draft Regulation on the procedure for managing investment projects in accordance with the Stage-Gate methodology.

On December 2–3, 2025, SASOL conducted a workshop on the Stage-Gate model. During the event, leading practices of international companies were reviewed, and the possibilities and advantages of introducing SASOL’s experience into the activities of Uzbekneftegaz JSC were thoroughly examined.

Going forward, taking into account SASOL’s expertise, a final decision will be made on the full implementation of the Stage-Gate model, and the Regulation on Investment Project Management will be further improved in accordance with the company’s recommendations.

The implementation of these measures is expected to modernize the investment activities of Uzbekneftegaz JSC in line with international standards and enhance the efficiency of cost management.