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World Bank to support oil and gas industry of Uzbekistan


JSC Uzbekneftegaz held a meeting with representatives of the World Bank. The main purpose of the visit of the World Bank mission is to discuss the budgetary support for the oil and gas industry, financing projects in the field.

Deputy Chairman of the Board of JSC Uzbekneftegaz U. Ashurov spoke about reforms carried out in the industry and plans for the future. A General scheme for the development of gas supply and gasification of the Republic of Uzbekistan is currently being developed.

The World Bank was invited to participate in the development of the General scheme by financing such individual components as assessing the economic efficiency and volume of investments, assisting in the development of tariff policy, etc.