Sunday, 19, May, 2024

On May 24, President Shavkat Mirziyoyev chaired a goevrnment meeting to discuss the ways to expand oil and gas production. The country's development strategy has outlined goals for the economic liberalization and the transformation of leading industries. In particular, transformation processes have begun in the oil and gas sector, the press service of the head of state reported.

Shavkat Mirziyoyev drew attention to the transformation and stressed the need to expedite this process. He set tasks to engage international consultants, determine strategic approaches, and ensure transparency of counting mechanisms in the oil and gas industry.

In addition, he identified measures for financial recovery of enterprises, reducing costs by increasing operational efficiency, and creating a management system based on the best international practices.

The President also gave specific instructions to industry leaders to ensure uninterrupted supply of the population and enterprises with fuel and energy resources.

He pointed to the measures to eliminate losses with the full implementation of an automated system for monitoring and accounting for natural gas consumption and indicated to the importance of saving resources and stimulating the use of alternative energy sources.

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