Energy
Six energy agreements worth US$4.7 billion were signed at an investor dialogue chaired by President Mirziyoyev, adding 3,000 MW of generation and 400 MW of storage capacity. A new Investors’ Council will be chaired by Presidential Administration head Saida Mirziyoyeva, while tenders for a further 2,200 MW of solar and wind capacity are imminent.
Chinese Premier Li Qiang visited Tashkent on 17 October 2026, meeting President Shavkat Mirziyoyev and Prime Minister Abdulla Aripov. Beijing pledged to increase imports of Uzbek products, reaffirmed commitment to the China-Kyrgyzstan-Uzbekistan railway, and identified energy, artificial intelligence and modern agriculture as priority areas for expanded cooperation.
The State Assets Management Agency has confirmed the cancellation of oil-field licenses held by Sanoat Energetika Guruhi and the termination of the $100 million Fergana Oil Refinery sale, as the company’s financial collapse leaves nearly 39,000 workers owed $131 million in wages.
President Shavkat Mirziyoyev has announced a new Investors’ Council for the fuel and energy sector, to be led by Saida Mirziyoyeva, head of the Presidential Administration, after international energy companies cited persistent bureaucratic obstacles to project delivery.
The Asian Infrastructure Investment Bank has signed two grant agreements totaling USD 1.1 million with Azerbaijan to fund early-stage feasibility work on the Caspian Green Energy Corridor, a cross-border project that would connect Uzbekistan’s power grid to Azerbaijan and Kazakhstan through a proposed 400-kilometre submarine electricity cable.
President Shavkat Mirziyoyev signed legislation imposing life imprisonment for sexual violence against children under 14, as the government simultaneously announced a 30% rise in heating tariffs, dismissed the defense minister, reshuffled four Tashkent district governors, and arrested a deputy district governor for a $25,000 bribe.
Turkmengaz has halted natural gas deliveries to Russia’s Gazprom following a breakdown in price negotiations, ending a five-year supply arrangement that had delivered 5.5 billion cubic metres annually. The head of the Turkmen state concern says commercial talks are continuing, while Ashgabat simultaneously pursues a fourth pipeline branch toward China.
Competition Committee Found Anti-Competitive Norms in Nearly Half of All Draft Laws Reviewed in 2025
The Competition Committee reviewed 878 draft regulatory acts submitted through the government’s unified legislative portal in 2025 and found that 425 — nearly half — contained provisions contradicting competition law. The rate was highest for Presidential-level acts, where 147 of 239 drafts, or 61.5%, were flagged.
Six major energy projects worth $4.7 billion were signed at a meeting chaired by President Shavkat Mirziyoyev, who also ordered the preparation of the country’s first National Energy Master Plan through 2050 and announced a new Investors Council to cut bureaucratic delays.
Deputy Prime Minister Jamshid Khojayev and Russian First Deputy Prime Minister Denis Manturov led talks in Fergana that produced plans for 17 joint industrial projects worth $350 million, a major Wildberries logistics complex near Tashkent, and a bilateral science and technology strategy stretching to 2040.
Average monthly electricity consumption per household fell from 212 kWh in 2023 to 184 kWh in 2025, while gas use dropped from 431 to 342 cubic metres, as tiered tariffs replaced a subsidy system that officials say had channelled most state support to high-income consumers.
President Shavkat Mirziyoyev has announced the preparation of 128 new oil and gas investment blocks carrying estimated reserves of 5.8 trillion cubic metres of gas and 560 million tonnes of liquid hydrocarbons, while setting a deadline of end-2027 for transferring the country’s entire propane supply network to private operators.
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