economic development of Uzbekistan

[Yıldırım]

Uzbekistan increases electricity production by 1.1%

Uzbekistan increased electricity generation by 1.1% in January-May 2019 compared to the same period of 2018.

www.uzdaily.uz

Uzbekistan increased electricity generation by 1.1% in January-May 2019 compared to the same period of 2018.

​

In the reporting period, according to the State Statistics Committee of Uzbekistan, the country’s enterprises produced about 26.5 billion kW / h of electricity.

​

Also in January-May, Uzbekistan produced 13.84 million Gcal of heat energy, which is 1.4% more compared to the same period of 2018.

 

[Yıldırım]

Siemens to supply equipment for Uchkyr field

Siemens in Russia will supply equipment to equip the booster compressor station (BCS) at the Uchkyr field in the Bukhara region of Uzbekistan.

www.uzdaily.uz

Siemens in Russia will supply equipment to equip the booster compressor station (BCS) at the Uchkyr field in the Bukhara region of Uzbekistan.

​

For the first time, two units will be delivered, each of which includes a compressor and gas turbine unit.

​

The assembly of compressors was arranged at the production site in the settlement of Gorelovo of Leningrad region, where technical tests of equipment were first carried out.

​

SGT-400 gas turbines are packaged by Siemens in the Netherlands.

​

“The Uchkyr field in Uzbekistan is specific with hydrogen sulfide admixture of about 1.4% in the process gas. This is a dangerous gas that reacts with metals, which causes corrosion deposits on the parts of the flow section of compressors. This often leads to the equipment being out of service. Therefore, the main task was to select materials that are resistant to such effects for compressors,” Nikolai Kutsenko, director of the Oil and Gas division of Siemens in Russia, said.

 

[Yıldırım]

AGMK launches the second phase of the project on the construction of the railway infrastructure of the Kalmakyr mine

Almalyk Mining and Metallurgical Combine (AGMK) launched the second phase of a project to build the railway infrastructure of the Kalmakyr mine, the enterprise’s press service reported.

www.uzdaily.uz

Almalyk Mining and Metallurgical Combine (AGMK) launched the second phase of a project to build the railway infrastructure of the Kalmakyr mine, the enterprise’s press service reported.

​

The Kalmakyr mine is the largest mining enterprise in the CIS countries, which is the main ore base for non-ferrous metallurgy in Uzbekistan. Mining is carried out in an open-pit way, and the ore is processed at a copper processing plant. For more than half a century of existence, this mine has become one of the leading mining companies on the extraction of non-ferrous metals in the world, Sirozhiddin Manazarov, chief engineer of the industrial railway transport department at the plant, said.

 

[Yıldırım]

Uzbekistan and Spain sign credit agreement on supply of high-speed trains

In order to further develop high-speed traffic in Uzbekistan and improve the level of service provided and improve the quality of passenger transportation, with the active support of the Government of Uzbekistan, the implementation of weighty projects continues.

www.uzdaily.uz

In order to further develop high-speed traffic in Uzbekistan and improve the level of service provided and improve the quality of passenger transportation, with the active support of the Government of Uzbekistan, the implementation of weighty projects continues.

​

Another such striking example is the signing of a credit agreement with the official credit institute of the Government of Spain on the acquisition of new high-speed trains, wagons, parts for them and equipment for service.

​

The signing ceremony took place on 30 May 2019 in the city of Madrid. The event was attended by the delegation of Uzbekistan led by the acting chairman of the Board of Uzbekistan Temir Yollari (Uzbekistan Railways) Kh Khasilov and Director General of Trade and Investment of the Ministry of Industry, Trade and Tourism of Spain Ms. Maria Paz Ramos Resa, as well as the Head of the International Business Department of the ICO Credit Institute Ms. Silvia Diez.

​

It should be noted that in June 2018, a meeting was held in Tashkent between the heads of ministries and departments of the Republic of Uzbekistan and the Kingdom of Spain, at which it was agreed to provide loans in the amount of 57.5 million euros for the purchase of two high-speed electric trains and four economy class cars.

​

Already in November 2018, the Spanish side announced its readiness to provide funding in the amount of 57.5 million euros. In this regard, President of the Republic of Uzbekistan Shavkat Mirziyoev instructed to develop and sign a loan agreement for the purchase of two high-speed electric trains and four economy class cars, spare parts and equipment for service.

 

[Yıldırım]

Saudi Aramco may participate in two Lukoil projects in Uzbekistan

Saudi Aramco has taken interest in joining two Lukoil projects in Uzbekistan, Kandym and Hissar, but companies have not held negotiations on this issue so far

en.trend.az

Saudi Aramco has taken interest in joining two Lukoil projects in Uzbekistan, Kandym and Hissar, but companies have not held negotiations on this issue so far, Trend reports via TASS news agency.

​

"They show interest but no negotiations have been held as yet. They have not made any proposals for the time being," Lukoil CEO Vagit Alekperov said.

​

Saudi Aramco expressed desire to join Kandym and Hissar projects in Uzbekistan eighteen months ago, Alekperov noted.

​

"No activities so far," he added.

​

Earlier Trend reported that the gas extraction on the projects of Lukoil in Uzbekistan is to exceed 16 billion of cubic meters a year. Lukoil is investing over $2 billion in the projects and is planning to launch exploration on new blocks.

​

Lukoil has conducted business in Uzbekistan under production sharing agreements made with regard to the projects of Kandym-Khauzak-Shady and Gissar. The company’s strategic partner in these projects is the National Holding Company Uzbekneftegaz.

​

Saudi Aramco is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia

 

[Yıldırım]

ATR eyeing take-off in Uzbekistan

A working meeting was held at the Uzbekistan Ministry of Transport with the delegation of the French-Italian aircraft manufacturer ATR, headed by Vice President for Sales Europe-Russia, Jérôme Gabory, the Ministry said.

tashkenttimes.uz

The Franco-Italian company ATR, is proposing to market the ATR 72-600 to the Uzbek Market. training of Uzbek Pilots, flight and technician personnel will take place in Italy, France and they will provide Uzbekistan with spares and maintenance equipment

 

[Yıldırım]

Kazakhstan starts electricity supply to Uzbekistan

From mid-June Kazakhstan began exporting electricity to Uzbekistan, the Kazakh Ministry of Energy said in a statement. 145 million kWh were supplied to Uzbekistan As of July 17 as per the electricity sale agreement between the two countries, with more than 1 billion kWh to be supplied to the...

tashkenttimes.uz

From mid-June Kazakhstan began exporting electricity to Uzbekistan, the Kazakh Ministry of Energy said in a statement. 145 million kWh were supplied to Uzbekistan As of July 17 as per the electricity sale agreement between the two countries, with more than 1 billion kWh to be supplied to the Uzbek power grid during the year.

​

The delivery of Kazakhstan's electricity has become possible due to the surplus in the electrical capacity, resulting from the modernization, reconstruction and expansion of power plants in Kazakhstan, the statement said.

 

[Yıldırım]

Uzbekistan seeking to invest in TAPI gas pipeline project

Uzbekistan is seeking to invest in mega gas pipeline project involving Turkmenistan, Afghanistan, Pakistan and India. Uzbekistan is also seeking to invest in the construction of the pipeline and excavation works in Afghanistan.

tashkenttimes.uz

Uzbekistan is seeking to invest in mega gas pipeline project involving Turkmenistan, Afghanistan, Pakistan and India. Uzbekistan is also seeking to invest in the construction of the pipeline and excavation works in Afghanistan.

​

Afghanistan's Ministry of Mines and Petroleum welcomes Uzbekistan's interest in TAPI project, but says that it would be TAPI Limited company which would take final decision in selecting contracting companies.

​

800 kilometres of the pipeline would be in Afghanistan. The route of the pipeline has been determined and efforts are underway for land acquisition.

​

Uzbekneftegaz has expressed interest in building the pipeline and carrying out excavation works, however, it has also expressed its concern regarding security situation in Afghanistan.

​

Qadir Mutfi, a spokesman for Afghanistan's Ministry of Mines and Petroleum, said that Afghanistan has role in TAPI project as much as five percent of its share, adding it would be TAPI Limited which could select the investing companies.

​

The pipeline's total length is 1,814 kilometres.

​

It will pass Afghanistan's Herat, Farah, Nimroz, Helmand and Kandahar provinces before entering Pakistan.

​

Abdul Basir Azimi, an economic expert, believes joint investment by foreign companies in TAPI would benefit Afghanistan.

​

Afghanistan would purchase 500 million cubic metres of gas from Turkmenistan annually in the first 10 years. Its share would increase three-fold in the years that follow.

 

[Scorpion]

Saudi Aramco may participate in two Lukoil projects in Uzbekistan

Saudi Aramco has taken interest in joining two Lukoil projects in Uzbekistan, Kandym and Hissar, but companies have not held negotiations on this issue so far

en.trend.az

Saudi Aramco has taken interest in joining two Lukoil projects in Uzbekistan, Kandym and Hissar, but companies have not held negotiations on this issue so far, Trend reports via TASS news agency.

"They show interest but no negotiations have been held as yet. They have not made any proposals for the time being," Lukoil CEO Vagit Alekperov said.

Saudi Aramco expressed desire to join Kandym and Hissar projects in Uzbekistan eighteen months ago, Alekperov noted.

"No activities so far," he added.

Earlier Trend reported that the gas extraction on the projects of Lukoil in Uzbekistan is to exceed 16 billion of cubic meters a year. Lukoil is investing over $2 billion in the projects and is planning to launch exploration on new blocks.

Lukoil has conducted business in Uzbekistan under production sharing agreements made with regard to the projects of Kandym-Khauzak-Shady and Gissar. The company’s strategic partner in these projects is the National Holding Company Uzbekneftegaz.

Saudi Aramco is a Saudi Arabian national petroleum and natural gas company based in Dhahran, Saudi Arabia

Saudi Aramco is stretching all over the place. The most valuable oil company in the world with very advanced tech. US/Canada largest refineries are owned by Aramco. They do operate oil fields/refineries in Srilanka, India, China, Japan, Iraq, Europe to name a few.

 

[Yıldırım]

Uzbek, Russian JV to invest US$ 700 mln in gas production

The joint venture Natural Gas-Stream, set up by Uzbekneftegaz and Gas Project Development Central Asia, is investing more than US$ 700 million in gas production in northwest of Uzbekistan.

tashkenttimes.uz

The joint venture Natural Gas-Stream, set up by Uzbekneftegaz and Gas Project Development Central Asia, is investing more than US$ 700 million in gas production in northwest of Uzbekistan.

​

The project envisages geological exploration at Sechankul, Oqjar and Chimboy investment blocks, as well as the development of Urga, Akcholoq and Chandir fields group.

​

As per the project feasibility study, the volume of investments will top US$ 701.4 million, including the JV’s own funds - US$ 243.4 million and foreign loans - US$ 458 million.

​

The design capacity is 1.633 BCM of natural gas, 94.5 thousand tons of gas condensate, about 80 thousand tons of fuel (gasoline, kerosene, liquefied gas). All gas produced will be exported.

​

JV Natural Gas-Stream was established at the end of 2016 for exploration and development of gas fields in the Ustyurt region. On the Uzbek side, in addition to Uzbekneftegaz, the co-founders of the joint venture are Mubarekneftegaz and Ustyurtgas, on the foreign side, Gazprom, Altmax Holding, registered in Cyprus. Equity participation is not disclosed

 

[Yıldırım]

Uzbekkomir acquires new modern BELAZ trucks

In order to ensure improve the coal mining system, and deliver high-quality products to the public, Uzbekugol imported 15 units of BELAZ-75131 heavy-duty equipment.

www.uzdaily.uz

In order to ensure improve the coal mining system, and deliver high-quality products to the public, Uzbekugol imported 15 units of BELAZ-75131 heavy-duty equipment.

​

Special mining equipment is planned to be used in mines in Angrenfield. For the assembly of overall equipment, 2 working groups were created from among Belarusian and domestic specialists.

​

"BELAZ-75131" is equipped with the latest Cummins CTA50-C engine, capable of withstanding a load of 130-136 tons. The steering wheel operates on the basis of hydraulic control. The net weight (gross) of large equipment is 107,100 tons. The sizes of each tire are 33.00-51; 33.00R51; 36 / 90-51. The height of these machines is 5900 (± 80cm), length 12050 (± 100cm). The fuel tank capacity is 1900 liters. This heavy truck is equipped with four video cameras that simultaneously transmit the image of the surrounding area to the driver, which guarantees visibility and control in movement.

​

Until today, the introduction of Uzbekkomir was the production equipment of OJSC "BELAZ" with a lifting capacity of 30, 45 and 110 tons. Now, the new equipment has a lifting capacity of 136 tons. According to the agreement concluded with BELAZ OJSC, it is planned to import another 8 such large trucks.

 

[Yıldırım]

Joint venture on production of plastic fences to open in Uzbekistan

Uzbekistan will set up Caris Transyo‘lqurilish joint venture for the production of plastic fences and other products made from PVC resin, as well as construction and installation works.

www.uzdaily.uz

Uzbekistan will set up Caris Transyo‘lqurilish joint venture for the production of plastic fences and other products made from PVC resin, as well as construction and installation works.

​

The Road Committee under the Ministry of Transport of the Republic of Uzbekistan, Transyulkurilish and Caris Co., Ltd (South Korea) signed an agreement on further development of cooperation.

​

The founders of the joint venture are Transyulkurilish and Caris Co., Ltd.

​

The authorized capital of Caris Transyo‘lqurilish will be US$43.75 million. The share of Caris Co., Ltd. in the amount of 80 percent is formed from cash, equipment and other property.

The share of Transyulkurilish in the amount of 20 percent is formed at the expense of cash and the cost of evaluation for the right to use.​

 

[Zaslon]

Belarus, Uzbekistan to step up cooperation in farm machinery production

There are plans to produce tractors with a high level of localization in Uzbekistan and to sell these products on the markets of third countries, like Afghanistan and Pakistan.

eng.belta.by

During the Forum of Regions in Minsk, Belarus and Uzbekistan will sign agreements aimed at expanding cooperation in the manufacturing of agricultural machinery, Adviser to the Prime Minister of Uzbekistan, Chairman of the Board of Uzagrotekhsanoat Holding Nodir Otajonov told reporters on 29 July, BelTA has learned.
Nodir Otajonov informed that cooperation agreements will be signed between manufacturers of agricultural equipment and utility vehicles during the forum. In his words, Uzbekistan is primarily interested in MTZ, Minsk Motor Plant, Amkodor, Gomselmash.
There are plans to produce tractors with a high level of localization in Uzbekistan and to sell these products on the markets of third countries, like Afghanistan and Pakistan. Uzbekistan intends to increase the level of mechanization of its livestock industry. According to Nodir Otajonov, a draft agreement with Gomselmash has been drafted, with plans to produce a wide range of products in Uzbekistan.
“All these agreements will pave the way for closer cooperation. The experience Belarus has amassed over many years is very much in demand. We would like these agreements to span a long period of time,” emphasized Nodir Otajonov. At the same time, the parties are in talks over personnel training at Belarusian factories.
Speaking at a panel session of the forum, Belarusian Deputy Industry Minister Aleksandr Ogorodnikov outlined priority areas of cooperation. MAZ and MTZ have plans to secure their stance in the Uzbekistan market. MAZ intends to produce special equipment based on its chassis there. Negotiations are underway on projects to be implemented in Uzbekistan by Amkodor and Gomselmash.
The Forum of Regions of Belarus and Uzbekistan opened in Minsk on 29 July with three thematic sections: cooperation in the manufacturing industry, joint projects in agro-industrial complex, and interaction in the humanitarian field, information and communication, and research.
The section to discuss cooperation in the manufacturing industry resulted in signing agreements and commercial documents. Thus, Kamvol and Fashion Premium signed a contract to supply worsted fabrics. The Vitebsk branch of the Belarusian Chamber of Commerce and Industry and the Chamber of Commerce and Industry of Namangan Region signed a cooperation agreement.

 

[Zaslon]

Belarus, Uzbekistan to scale up cooperation in ICT

The parties discussed the state and prospects of cooperation in the field of communications and informatization, and reconciled an inter-ministerial draft agreement to promote cooperation in ICT.

eng.belta.by

Belarus and Uzbekistan will step up cooperation in information and communication technologies, BelTA learned from the Belarusian Communications and Informatization Ministry.
This matter was in focus of the talks between Belarusian Communications and Informatization Minister Konstantin Shulgan and Shuhrat Sadikov, Minister for Development of Information Technologies and Communications of Uzbekistan. The meeting was held on 29 July and was attended by heads of interested organizations from both countries.
The parties discussed the state and prospects of cooperation in the field of communications and informatization, and reconciled an inter-ministerial draft agreement to promote cooperation in ICT. The document is to be signed on 1 August in the presence of the leaders of the two countries.

 

[Zaslon]

Belarus-Uzbekistan pharmaceutical company to launch products in 2020

Next year, when the company will launch its products in Uzbekistan, it is also highly likely to take part in bids in Afghanistan.

eng.belta.by

The local market launch of the products made by Belarus-Uzbekistan pharmaceutical company that is being set up in Uzbekistan is scheduled for 2020, BelTA learned from Acting Director General of Belpharmprom Holding Viktor Shein.
Belpharmprom Holding, the Agency for Development of Pharmaceutical Industry under the Ministry of Health of Uzbekistan and Fagusal (Uzbekistan's company that sells wholesale pharmaceutical and medical products) signed a cooperation agreement on the sidelines of the 1st Forum of Regions of Belarus and Uzbekistan in Minsk. It is aimed at implementing a project to establish a joint venture to manufacture medicines in the form of pills and capsules.
Viktor Shein called this project transnational and strategic. The products are to be shipped to third countries, in particular, Afghanistan. "I think that next year, when the company will launch its products in Uzbekistan, we are highly likely to take part in bids in Afghanistan," he said.
The company will be registered this year. The project caught the interest of many Belarusian manufacturers, said Viktor Shein. “At first, six Belarusian enterprises got involved, after that their number rose to nine and subsequently to eleven. Therefore, in order to make the right business plan, we should take into account the wishes of all stakeholders, since the production line and equipment to be installed depend on the product range,” he explained.
This way Belarusian manufacturers are going to secure their foothold on the market of Uzbekistan. “The most important thing is to meet the domestic needs of our good partner, Uzbekistan that does not produce the pharmaceuticals that we manufacture,” he added.