Company Development Strategy and Key Results Presented
A meeting was held at JSC “Uzbekneftegaz” with the participation of a delegation from S&P Global Ratings and representatives of UzAssets JSC.
The presentation covered key areas such as the development of hydrocarbon production and processing, strengthening financial stability, implementing the transformation program, and achieving ESG goals.
Once again, JSC “Uzbekneftegaz” reaffirmed its status as an important player in the national economy and a leader in the country’s energy sector.
The company pays special attention to the development of its resource base and the strengthening of partnerships with leading international companies, which contributes to the introduction of advanced technologies and increased efficiency in hydrocarbon production.
At the same time, modernization of the Bukhara Refinery continues, and the Uzbekistan GTL plant is operating steadily at full capacity.
Financial indicators are also showing positive growth. The company maintains a balanced capital structure and a high level of liquidity, supported by increased production volumes, government support, and the confidence of international financial institutions.
As part of the ongoing transformation program implemented jointly with UzAssets, work is being carried out to digitalize and optimize production processes, as well as to introduce modern standards of corporate governance. Within the ESG agenda, the company is consistently reducing carbon emissions and improving energy efficiency, reaffirming its commitment to the principles of sustainable development.
