Uzbekneftegaz’s petroleum depot network has posted a net profit of 25.2 billion soums in the first nine months of the year, reversing a 108.3 billion soum loss in the same period last year — the first time the depots have been in the black.
Turkish energy company Aksa Enerji plans to sign agreements within a week to manage electricity distribution networks in Tashkent, Jizzakh and Syrdarya regions, extending a model already in place in Samarkand under a 30-year public-private partnership.
President Mirziyoyev has created an Investors’ Council for the fuel and energy sector, chaired by Presidential Administration head Saida Mirziyoyeva, citing bureaucracy and corruption as the forces compelling the decision.
