(MENAFN- Trend News Agency)
Uzbekistan may completely abandon gas exports, the board
chairman of the Uztransgaz company Behzot Narmatov said, Trend reports citing
“Perhaps in the near future, all gas produced in Uzbekistan will
remain in Uzbekistan, because chemical plants are expanding, it is
necessary to support the domestic economy. Yes, there was export,
but we still do not have the same economic dynamics. We need to
create jobs, but export in its pure form - well, how profitable is
this for the economy, when can it be processed and create
additional value chains?” Narmatov said, adding that exports could
stop by 2025-2026.
At the moment, about 10% of the gas produced in Uzbekistan is
exported to China.
According to Narmatov, the percentage fluctuates from month to
month, depending on the internal needs of Uzbekistan - they are in
priority. As a rule, the volume of exported gas decreases in winter
and increases in summer.
“There are companies that operate on the territory of
Uzbekistan, to which we have certain obligations. That is, in order
to support the economics of projects of Chinese companies, Russian
companies, we ensure the export of their gas (for export, gas is
sold at prices many times higher than the prices in the domestic
market of Uzbekistan). That is, we could direct all this to the
domestic market, but we adhere to the agreements that we have,” the
head of Uztransgaz said.
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