Uzbekistan, Russia to implement $22 billion worth energy projects
Uzbekistan and Russia will implement a number of joint projects in the energy sector with a total value of $22 billion, the Ministry of Energy reported.
Photo: Ministry of Energy
This figure was announced by Energy Minister Alisher Sultanov during a meeting with his Russian colleague Nikolay Shulginov.
The Minister of Energy of Uzbekistan noted the positive development of relations with Russian financial institutions in attracting funds for energy projects. Another new important area of cooperation is the digitization of the production and financial processes of the energy companies of Uzbekistan.
In turn, Shulginov noted the importance of cooperation between the parties in the oil and gas sphere as one of the key areas of partnership.
He stressed that “Russian energy companies do not limit their interaction to already existing projects and are ready to expand mutually beneficial cooperation with Uzbekistan.”
Related News
12:18 / 08.04.2026
Uzbekistan’s electricity generation rises 7% year-on-year in Q1 2026
12:06 / 06.04.2026
Hydrocarbon production in Uzbekistan sees sharp decline in early 2026
16:56 / 04.04.2026
Uzbekistan cuts gas exports to China amid rising domestic demand and imports
11:05 / 04.04.2026