Uzbekistan energy report

• The Government has introduced new legislation to attract foreign investments, particularly for renewable and energy efficiency projects.
• Uzebekenergo and Uzbekneftegaz, the national power and gas utilities, were reorganised in 2019.
• The country plans to partly privatize the energy and mining sectors.
• Natural gas accounts for 86% of the power mix.
• Gas resources are considerable and gas production has ranged between 50 and 65 bcm/year since 2000.
• Energy prices for domestic consumers are regulated. Household electricity prices are quite subsidised and lower than in neighbouring countries.
• Energy intensity is decreasing very rapidly.
• Gas represents 83% of the country's total energy consumption.
• Uzbekistan is developing its renewables capacity, especially solar, and is planning two nuclear reactors.
• The commissioning of the fourth line of the Central Asia-China gas pipe has been postponed to 2022.

• Institutions & Energy Policy

  The Ministry of Energy, that was set up in 2019, is in charge of implementing governmental policies and regulations in the whole energy sector, improving the tariff policy, and developing public-private partnerships.

• Energy Companies

  Gas:

  Uzbekneftegaz,astate-controlled company, was reorganised in 2019 by merging different subsidiaries in the gas and oil upstream and downstream activities.

• Energy Supply

  Resources:

  Uzbekistan has large gas reserves (around 867 bcm of proven reserves) and more modest oil reserves (around 80 Mt) (end of 2020). Around 80% of gas reserves are located in the Amu Darya basin in the Bukhara region. The country also has significant uranium reserves (50 Mt).

• Energy Prices

  Oil:

  The prices of gasoline and diesel increased sevenfold and tenfold, respectively, between 2000 and 2008. The price of gasoline then dropped from US$1.35/l in 2008 to US$0.97/l in 2010 and has dropped by 14% since 2015, reaching US$0.88 in 2020. The price of diesel dropped by 45% between 2015 and 2017 and has stabilized at around US$0.54/l (2020).

• Energy Consumption

  In 2020, the total energy consumption per capita was about 1.3 toe, while the electricity consumption per capita was over 1 500 kWh.

  Uzbekistan's energy intensity was among the highest in the world, but is now decreasing very rapidly (-6%/year since 2000).

• Issues & Prospects

  As part of its "Economic Development Vision 2030", the Government plans to transform Uzbekistan into an industrialized middle-income country by achieving a per capita income of US$6 500 by 2030 and US$8 500 by 2040.

• GENERAL OVERVIEW
• INSTITUTIONS AND ENERGY POLICY
• ENERGY COMPANIES
• ENERGY SUPPLY
• ENERGY PRICES
• ENERGY CONSUMPTION
• ISSUES AND PROSPECTS
• DATA TABLES
• ABBREVIATIONS
• GLOSSARY

Download the Table of Contents

Below is a list of the Uzbekistan energy market report graphs:

• GRAPH 1: Co₂-Energy emissions (MtCO₂)
• GRAPH 2: Installed electric capacity by source (2020, %)
• GRAPH 3: Gross power production by source (TWh)
• GRAPH 4: Power generation by source (2020, %)
• GRAPH 5: Gasoline & diesel prices (US$/l)
• GRAPH 6: Electricity prices for industry and households (US$c/kWh)
• GRAPH 7: Consumption trends by energy source (Mtoe)
• GRAPH 8: Total consumption market share by energy (2020, %)
• GRAPH 9: Final consumption market share by sector (2020, %)

In the Uzbekistan energy market report you will find the following tables:

• Economic Indicators: Annual historical data including population, GDP growth, imports and exports, inflation rate, energy security and efficiency indicators, CO₂ emissions.
• Supply Indicators: Historical data including oil and gas reserves, electric and refining capacity, energy production, power production and external trade. All are detailed by energy source.
• Demand Indicators: Historical data including consumption per inhabitant, consumption trends, total consumption by energy source, final consumption by energy source and sector, and electricity consumption by sector.
• Energy Balances: Single table displaying the overall energy industry balance per annum, also graphically displayed by energy sub-segment.
• Infrastructure Projects: Covers power plant projects by energy, technology, status and operator.