President Shavkat Mirziyoyev announced on October 16 that Saida Mirziyoyeva will chair a newly created energy sector investors council, established in direct response to complaints from major international energy companies about land allocation delays, grid connection bottlenecks and slow issuance of technical specifications.
The State Assets Management Agency has confirmed the cancellation of oil-field licenses held by Sanoat Energetika Guruhi and the termination of the $100 million Fergana Oil Refinery sale, as the company’s financial collapse leaves nearly 39,000 workers owed $131 million in wages.
Uzbekistan has quietly built one of Central Asia’s largest rosters of naturalized Russian athletes, spanning rowing, tennis, figure skating, swimming and fencing. The strategy delivers medals but raises hard questions about what it costs domestic talent and the sports budgets meant to develop it.
Turkmengaz has halted natural gas deliveries to Russia’s Gazprom following a breakdown in price negotiations, ending a five-year supply arrangement that had delivered 5.5 billion cubic metres annually. The head of the Turkmen state concern says commercial talks are continuing, while Ashgabat simultaneously pursues a fourth pipeline branch toward China.
The Ministry of Finance and UNDP convened an international forum in Tashkent on 30 August 2022 to assess the expansion of participatory budgeting, after the first 2022 cycle saw 6.7 million citizens vote on more than 69,000 proposals, resulting in 1.2 trillion soums allocated to 2,354 winning projects from district and city budgets.
Household liquefied gas prices are proposed to more than double to 5,000 soums per kilogram from November 1, 2026, under a plan that would also introduce a targeted 158 billion soum compensation scheme to shield families on the Social Protection Register from the full impact of the increase.
A protocol from an extraordinary general meeting of UzPost shareholders has confirmed that the national postal operator’s 92.9% state stake was transferred to a Wildberries subsidiary under trust management — a fact the head of the State Assets Management Agency publicly denied as recently as October 8.
Aksa Enerji’s chairman announced plans to sign grid management agreements for three additional regions within a week, following a meeting with President Mirziyoyev on October 16. The move extends a public-private partnership model first applied in Samarkand, where the Turkish firm committed to investing $1 billion over 30 years.
The US dollar climbed above 12,000 sums on October 15 for the first time since late July, closing at 12,011.65 sums after an eight-day consecutive rally that reversed a prolonged decline stretching back to a three-year low recorded in September.
