Uzbekistan's coal industry to incur changes

Baku, Azerbaijan, March 6

By Fakhri Vakilov - Trend:

Uzbek President Shavkat Mirziyoyev held a meeting on the sustainable development of coal industry in the country, Trend reports via Uzbek media.

Uzbekistan annually delivers 1 million tons of coal to the population and 400,000 tons of coal to social facilities. There 4 million tons of coal are burned to generate electricity at the Novo-Angren and Angren thermal power plants.

It was noted during the meeting that coal mining plans are not fulfilled; system problems in the industry have not been eliminated despite large potential of coal deposits in recent years.

"For example, the technical and technological base of the fields is outdated. The work on the opening of mines is lagging at the Angren field, which is the main source of raw materials for the industry. The slope angle of the pit has exceeded the norm and conditions for mining have reached a dangerous level," the press service of the head of state said.

For the prompt and effective solution of these issues, it is planned to transfer Uzbekugol Joint-Stock Company to external professional management.

Furthermore, the meeting identified measures to improve the situation in Angren field. The need to develop a strategy for the development of this field, covering the maximum provision of the needs of industries and people in coal in the near and long term was noted.

The president paid special attention to the issue of increasing the financial stability of Uzbekugol JSC. The Ministries of Finance and Energy have been instructed to optimize coal prices, increase the profitability of the industry and cover investment costs.

Moreover, the need to update the vehicle fleet for the effective organization of mine work was stressed during the meeting. Responsible persons are instructed to purchase the necessary dump trucks and other special equipment for the best offers. Instructions are given to reduce production costs by decommissioning equipment that is not used in mining.

Attention was also paid to ensuring the safety of the population living close to the southern border of Angrensk field.

The Cabinet of Ministers was instructed to address the issues discussed, in particular, to develop a program of comprehensive measures to improve the management efficiency of Uzbekugol JSC, to attract an external professional manager, to introduce modern technologies in the industry and to improve the quality of coal.

In December last year, Uzbek government approved a resolution on transferring of 45 percent of the shares of Uzbekugol in trust management to the Russian company ProgressGortTech.

---

Follow author on Twitter:@vakilovfaxri

Export of cars to Kyrgyzstan spiked - Turkish Ministry of Trade
Export of cars to Kyrgyzstan spiked - Turkish Ministry of Trade
Uzbekistan’s 9M2020 export volume of fruits, vegetables revealed
Uzbekistan’s 9M2020 export volume of fruits, vegetables revealed
Turkish export of jewelry to Kyrgyzstan decreases
Turkish export of jewelry to Kyrgyzstan decreases
Loading Bars
Latest
Uzbekistan reveals volume of agricultural, forestry, fishery production for 9M2020
Ceasefire violations of Armenia must be considered for OSCE MG to yield concrete results - Turkish MFA
Volume of loans issued by Georgian commercial banks up
Bryansk Machine-Building Plant ready to increase locomotives supply to Turkmenistan
Iran’s Shazand Oil Refining Company supplies fuel to IRISL Group
Armenia is like Trojan horse inside CSTO - Turkish government
Russia's Bryansk Machine-Building Plant, Turkmenistan discuss terms of locomotives delivery
Cherries, grapes top list of fruits and vegetable products exported from Uzbekistan
Total volume of non-bank deposits in Georgian banking sector up
Azerbaijani MFA calls on int'l organizations to investigate breach of children rights by Armenia
Singapore ready to share with Uzbekistan experience in forming digital gov’t
France's import of defense industry goods from Turkey decline
Info on death of defense minister of illegal regime in Nagorno Karabakh issued
Assistant to Azerbaijani President Hikmat Hajiyev interviewed by Al Jazeera TV channel (VIDEO)
Armenia established corridor to bring PKK into Azerbaijan’s occupied territories - Assistant to Azerbaijani president
Blast at Pakistan religious school kills at least seven, including children
Uzbekistan to introduce Chinese standards into automotive industry
EBRD, EU provide another support to small, medium-sized businesses in Turkmenistan
Azerbaijan strongly condemns shelling of Euronews' crew by Armenia - president's aide (VIDEO)
Iranian currency rates for October 27
Tractors with telepathic system used to cotton planting in Turkmenistan’s Lebap region
Uzbekistan reveals its COVID-19 data for October 27
“Jewish Journal” publishes an article on Armenian protest in Los Angeles equating Israel to Nazi Germany
Armenia didn't respond to Azerbaijan's requests for release of war prisoners - Commission
Iranian government eyes to attract investors for Markan coast development
Iran to submit budget plan for new year
Armenia confirms liberation of Gubadli city by Azerbaijan
Iran`s return to FATF blacklist restricts its exports
Destroyed military equipment of Armenian Armed Forces - LIST
Chief of staff of Armenian Army motorized rifle division killed
Latest situation at front line on Oct. 27
Chinese mainland reports 16 new imported COVID-19 cases
Brazil's COVID-19 cases surpass 5.4 mln
U.S. Senate confirms Trump's Supreme Court pick Barrett in nearly party-line vote
5.2-magnitude earthquake hits central Iran, no casualties
Czech Republic to introduce night curfew from Wednesday
61 more coronavirus patients die in Moscow in past day
Germany reports 8,685 new COVID-19 cases
Footage from liberated from occupation Gubadli city (VIDEO)
Footage from liberated from occupation Khanligr village of Gubadli region (VIDEO)
Armenia does not want to take bodies of its deceased soldiers as it fears anger of people - Assistant to the President of Azerbaijan
Kazakh PM meets with Turkish Defense Minister
Footage from liberated from occupation Padar village of Gubadli region (VIDEO)
Azerbaijan neutralizes one of 3 missiles shot by Armenian troops at Azerbaijan's Tartar
Azerbaijan's Bank Association denies lies spread by Armenian side
Effective co-op in field of border security established between Azerbaijan, Iran
Armenian Armed Forces shell Azerbaijan’s Tartar by using 'Smerch' missiles
Armenia indiscriminately targets civilians - Assistant to Azerbaijani president
Azerbaijanis hold rally in California, condemning Armenian terror (PHOTO)
Azerbaijani compatriots living in Minnesota hold protest rally (PHOTO)
Armenian Armed Forces shelling Azerbaijan's Tartar city, villages
Armenian armed forces shelling Tartar city with artillery, missiles in gross breach of humanitarian ceasefire
Iran's powder detergent production grows
Azerbaijanis in Denmark hold protest rally against Armenian terror (PHOTO)
Turkish embassy in Georgia talks joint energy projects of Georgia, Azerbaijan, Turkey
Protest rally against Armenian attack on Ganja held in Bielefeld, Germany (PHOTO)
Iranian Energy Exchange announces products to be on sale October 27
Armenian Armed Forces’ quadrocopter destroyed by Azerbaijani troops
Al Jazeera posts article covering aftermath of Armenian missile attack on Ganja
Baku's secondary housing prices show monthly decline
Investments in Iran's capital market increase
Uzbek Reconstruction and Development Fund to support creation of Export Support Fund
Turkey's export of defense products to Morocco plunges
Nagorno-Karabakh region to be liberated sooner or later: press secretary of Turkish president
USD falls against Uzbek soum for the first time in three months
Work connected with laying of gas pipelines on freed Azerbaijani territories kicked off (PHOTO/VIDEO)
Volume of maritime cargo shipment via Turkey from Spain disclosed
Turkmenistan significantly increases import of wheat flour from EAEU countries
Azerbaijani railway operator admitted to consortium of Trans-Caspian Transport Route
Georgia reveals results of 18 foreign exchange auctions conducted by National Bank
Iran Khodro reveals amount of funds saved thanks to domestic manufacturing
Export of Turkish-made defense products to China slumps
Armenian Armed Forces fire at school in Aghdam (PHOTO)
Assistant to Azerbaijani president comments on photo of Armenia's defense minister together with Armenian soldiers
Macron's anti-Islamic statements point to extreme misunderstanding of religion - Arab analyst
Uzbekistan’s Kashkadarya tops list of regions implementing foreign investments
Heritage Foundation's Foreign Policy Studies Center Director comments on photo showing Russian field camp set up near Armenian Tegh
Georgia sees increase in hazelnuts export
Georgia reveals volume of exported apples
U.S. regrets EU move on tariffs, seeks deal on Boeing-Airbus row
Russia seeking to be stabilizer in South Caucasus, says Russian expert
Uzbekistan discusses strengthening multilateral co-op with China and S. Korea
President Aliyev congratulates commanders of joint military corps who distinguished themselves in liberation of Gubadli city, villages of Gubadli district from occupiers
Review of statistics of people registered within state program 'Remotely from Georgia'
Volume of trade turnover between Turkmenistan, Russia’s Perm Krai revealed
Azerbaijani army does not fire at civilians - Defense Ministry
President Ilham Aliyev interviewed by Italian Rai 1 TV channel (PHOTO)
Iran launches new water treatment facility in Tehran
Iran studies Famotidine as Coronavirus treatment
Industrial production in Karabakh to increase in post-conflict period - CAERC head
Turkish president urges to boycott French goods
Work on power supply to strategic facilities in freed Azerbaijani territories underway (PHOTO)
Bank of Georgia suffers loss
S&P Global Ratings expects Azerbaijan's export to grow in next years
Iran’s Bahar Azadi gold coin price falling
Wildfire breaks out in Azerbaijan's Dashkasan district from Armenian attacks (VIDEO)
SOCAR considering new investments in Turkey
Romania's import of Azerbaijani products for 9M2020 revealed
Armenian Armed Forces fire at Azerbaijan’s Tartar district
Price of most Georgian companies’ shares up on London Stock Exchange
All news