AZ

Uzbekistan's oil and gas company plans to buy additional Russian oil

TASHKENT, Uzbekistan, October 2. The Oil and
Gas Company of Uzbekistan, "Saneg," aims to import around 550,000
tons of Russian oil by the end of the year, Trend reports.
The data of the analytical company Argus shows that, this marks
an increase of 395,700 tons compared to the 154,300 tons imported
throughout 2023.
Additionally, combined shipments of crude oil from "Gazprom
Neft" to the Fergana refinery (owned by "Saneg") amounted to
132,900 tons from January through May, up from 48,700 tons during
the same period last year.
The total trade turnover of oil, petroleum products, and similar
materials in Uzbekistan reached $1.8 billion from January through
August 2024, reflecting an 80 percent increase compared to $1.1
billion in the same period of the previous year.



Oil exports, petroleum products, and similar materials from
Uzbekistan accounted for $409.4 million, while imports reached $1.4
billion.

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