Uzbekistan is strengthening international partnerships in the energy sector, signing several new deals with Gulf and U.S. companies to expand its renewable capacity, modernise production, and attract billions in investment.
The Ministry of Energy has signed an agreement with Gulf Oil International to build a lubricant production plant in the Jizzakh region.
The facility will have a capacity of up to 60,000 tonnes per year and will rely on local raw materials to meet domestic demand and supply regional markets.
According to the ministry, the project will not only reduce import dependence but also strengthen industrial capacity and create new jobs.
Gulf Oil representatives say Uzbekistan’s strategic location and ongoing economic reforms makes it an attractive regional hub.
At the same time, Uzbekistan is advancing its green energy agenda with Allied Biofuels Corporation unveiling plans to invest around $150 million in a biofuel production facility that will convert agricultural waste into environmentally friendly fuel.
The initiative is in line with Uzbekistan’s target to increase the share of renewables in its energy mix to 40% by 2030, reiterating its national green transition strategy.
The project is expected to generate new employment opportunities in rural areas while contributing to emission-reduction goals and sustainable development.
Uzbekistan is also deepening ties with leading American energy companies, including Schlumberger, GE Vernona, and Honeywell.
Discussions largely focus on technology transfer, modernisation of thermal power plants, and the introduction of smart energy systems.
The agreements reached during President Mirziyoyev’s visit to the U.S. demonstrate Uzbekistan’s balanced approach to energy policy through strengthening cooperation in traditional oil and gas and accelerating the shift towards renewables.
Through these partnerships, Uzbekistan aims to combine foreign investment, innovation, and domestic reform to build a sustainable and competitive energy future.
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Uzbekistan has unveiled a series of major economic and regional initiatives as more than 4,000 delegates from over 100 countries gather in Samarkand for the 59th Annual Meeting of the Asian Development Bank (ADB), held under the theme “Crossroads of Progress.”
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Minval Politika has released a third set of footage it says shows former International Criminal Court prosecutor Luis Moreno Ocampo discussing the use of artificial intelligence in a project linked to Armenia and ‘Nagorno-Karabakh’.
China has moved to block U.S. sanctions on five of its oil refineries, in a fresh escalation of tensions over trade and energy policy.
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Turkish President Recep Tayyip Erdoğan has urged Iraq’s prime minister-designate to form a government which reflects the country’s religious and ethnic diversity.
Uzbekistan has unveiled a series of major economic and regional initiatives as more than 4,000 delegates from over 100 countries gather in Samarkand for the 59th Annual Meeting of the Asian Development Bank (ADB), held under the theme “Crossroads of Progress.”
Minval Politika has released a third set of footage it says shows former International Criminal Court prosecutor Luis Moreno Ocampo discussing the use of artificial intelligence in a project linked to Armenia and ‘Nagorno-Karabakh’.
Samarkand is hosting the 59th Annual Meeting of the Asian Development Bank (ADB), where global leaders have gathered to discuss regional growth, as the bank unveils a major $70 billion initiative to strengthen energy and digital connectivity across Asia and the Pacific.
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