Uzbekneftegaz exceeds ten-month export target by 46.4%

The state-owned company exported $803.7 million worth of products, nearly $255 million above its target. It also paid 7.9 trillion UZS into Uzbekistan’s state budget.

Uzbekneftegaz JSC, Uzbekistan’s state-owned oil and gas company, reported exporting $803.7 million worth of products from January through October 2026, reaching 146.4% of its export target. This puts the ten-month target at approximately $549 million, with exports exceeding it by about $255 million.

The company exceeded its marketable output target, reaching 103.7%, and recorded a growth rate of 107.5%. It fully met its investment disbursement target and achieved 129.5% of its production localization target. Production costs fell by 2.1 trillion UZS.

Over the ten months, the company paid 7.9 trillion UZS into the state budget. Liquid hydrocarbon production reached 1.016 million tons. Production targets for motor gasoline, diesel fuel, liquefied gas, aviation kerosene, sulfur and polyethylene were all exceeded. The company’s ESG score rose from 50 to 55 points.

Muhayyo Turdaliyeva, UzA