Skip to content
Back to Guavy Wire
Commodities

Mirziyoyev Targets Oil and Gas Market Stability in Uzbekistan

Instruments
Oil Natural Gas
Share

Uzbekistan's President Shavkat Mirziyoyev has instructed authorities to ensure stability in the oil and gas market, preventing shortages and price increases. The president discussed measures to maintain a stable supply of gas and oil products during a meeting with officials.

The increasing demand from the population and economy requires preliminary consideration of seasonal needs, ensuring the domestic market has necessary resources. The work of Uzbekneftegaz was discussed regarding maintaining a stable level of natural gas production, effective use of existing fields, and timely commissioning of new wells.

In August, 27 new wells are planned to be launched, allowing for an increase in production by 887 thousand cubic meters of gas from the fields of Yangi Kultak, Niyoz, Koratau, Marvarid, and Tegirmon. The president instructed daily monitoring of the process, from drilling to connecting wells to the gas transportation system.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc