14 April 2026Gas processing plant
Energy, Water, and Human Resources: How Uzbekistan is Shaping a New Investment Ecosystem. UNG Overseas (Orient Energy Limited) has noted growing interest from international investors in energy and related projects in Uzbekistan. The company estimates that further development of the sector requires a systematic approach combining technological modernization and human resource training.
Uzbekistan's oil and gas sector will require approximately $18-25 billion in investment over the next decade, covering exploration, production modernization, and refining development. This is an estimate by UNG Overseas, the international platform of Uzbekneftegaz JSC. This sum is significant, but the potential behind it is commensurate: proven gas reserves amount to approximately 1.97 trillion cubic meters, and experts estimate the underexplored territories of the Ustyurt Plateau and the deep horizons of the Bukhara-Khiva Basin to be quite high.
According to the "Uzbekistan 2030" strategy, the target for gas production is 62 billion cubic meters. At the same time, domestic demand for energy resources is growing, making attracting investment in exploration, production, and refining a strategic priority. In recent years, there has been a steady increase in interest from global financial institutions, energy companies, and investment funds—both in the country's resource potential and in its ongoing policy of economic liberalization and integration into the international financial system.
