Uzbekistan upstream summary
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive summary
- Key facts
- Location maps
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Key companies
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National companies
- Uzbekneftegaz (UNG)
- Uztransgaz (UTG)
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IOCs and local operators
- Development assets
- Exploration assets
- Service sector and technology licensing
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National companies
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Geology
- Introduction
- Afghan-Tajik basin
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Stratigraphy
- Surkhandarya sub-basin
- Southwest Gissar sub-basin
- Reservoirs
- Amu Darya basin (Bukhara-Khiva Area)
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Stratigraphy
- Reservoirs
- Hydrocarbon quality
- Fergana basin
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Stratigraphy
- Reservoirs
- 7 more item(s)...
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Exploration
- Licensing
- Overview
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Future licensing activity
- Exploration tenders and auctions
- Production Enhancement Contract (PEC) tenders
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Recent licensing activity (2015 onwards)
- Ad hoc talks
- 2015-16 tender
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Historical licensing activity (pre-2015)
- Overview
- Licensing rounds (1993-2006)
- Ad hoc talks (2007-12)
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Drilling
- Drilling activity
- Overview
- Future drilling plans
- 6 more item(s)...
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Reserves and resources
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Uzbek classification system
- Transition to Western reserve standards
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Reserves and resources overview
- Gas
- Liquids
- Reserves by basin
- Contingent resources by basin
- Reserves by report
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Uzbek classification system
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Production
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Liquids
- Historical production
- Current and future production
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Gas
- Historical sales production
- Current and future sales production
- Gas markets
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Liquids
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Infrastructure
- Introduction
- Key issues
- Oil infrastructure
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Existing liquids pipelines
- Export
- Domestic
- Omsk-Seidi trunk pipeline
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Planned liquids pipelines
- Jizzakh refinery tie-in (cancelled)
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Road and rail transportation
- Road infrastructure
- Rail infrastructure
- Refineries
- Gas infrastructure
- 10 more item(s)...
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Costs
- Introduction
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Capital costs
- Capital expenditure by location
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Operating costs
- Operating expenditure by location
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Policy and regulation
- Key legislation
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Recent reforms (2017 onwards)
- Overview
- Key recent legislation
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Tax Code
- Previous tax codes
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Other core legislation
- Law on Concessions
- Law on Investments and Investment Activities (2019)
- Regulatory body
- Ministry of Energy
- State oil company
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Uzbekneftegaz (UNG)
- Reorganisation (2019 onwards)
- 1 more item(s)...
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Fiscal terms
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Overview
- Upstream
- Midstream / downstream
- Current fiscal terms
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2020 Tax Code
- Key reforms relevant to the oil and gas sector
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PSCs
- Tax stability
- State equity participation
- Bonuses, rentals and fees
- Royalty and other production taxes
- Cost recovery
- Profit sharing
- Corporate income tax (CIT)
- Additional profit taxes
- 8 more item(s)...
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Concessions
- State equity participation
- Bonuses, rentals and fees
- Royalty and other production taxes
- Corporate income tax (CIT)
- Excess profits tax (EPT)
- Contractor revenue entitlement
- Liquids and natural gas pricing
- Domestic market obligation (DMO)
- 4 more item(s)...
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Production Enhancement Contracts (PECs)
- Overview
- PEC criteria
- Royalty and other production taxes
- Contractor revenue entitlement
- Corporate income tax (CIT)
- Domestic market obligation (DMO)
- Fiscal/contractual ring-fences
- Historical background
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Concessions
- Infrastructure development tax (cancelled)
- Turnover tax (cancelled)
- Excess profits tax (EPT, cancelled)
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Overview
Tables and charts
This report includes the following images and tables:
- Sales gas production by field
- Key facts: Table 1
- Country map
- Reserves and contingent resources at 01/01/2025
- Liquids and Gas Production 2022
- Net Acreage 2025
- Uzbekistan: basin map
- Reserves and resources: Table 2
- Liquids reserves by basin
- Gas reserves by basin
- Reserves and resources: Table 3
- Reserves and resources: Table 4
- 33 more item(s)...
What's included
This report contains:
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