In the oil and gas industry of Uzbekistan constitute about 16% of GDP, and its share in the revenue part of the budget is more than 20%. The first wells on the territory of Uzbekistan were drilled as early as in 1880 in the Ferghana region.
Where does Uzbekistan import crude oil?
Imports In 2022, Uzbekistan imported $227M in Crude Petroleum, becoming the 70th largest importer of Crude Petroleum in the world. At the same year, Crude Petroleum was the 24th most imported product in Uzbekistan. Uzbekistan imports Crude Petroleum primarily from: Turkmenistan ($115M), Kazakhstan ($56.5M), Russia ($51.3M), and Iran ($4.21M).
How much oil does Uzbekistan export in 2022?
In 2022, Uzbekistan exported $51 in Crude Petroleum. The main destinations of Uzbekistan exports on Crude Petroleum were United States ($47) and Turkey ($4). In 2022, Uzbekistan imported $227M in Crude Petroleum, mainly from Turkmenistan ($115M), Kazakhstan ($56.5M), Russia ($51.3M), and Iran ($4.21M).
Does Uzbekistan still produce oil?
However, in subsequent years, again in contrast to other former republics of the Soviet Union, there was a decline in oil and gas production in Uzbekistan. And this trend is irreversible. Oil and natural gas reserves are getting depleted. In 2012, there was produced 1.57 million tonnes of oil, the rest was the condensate.