TASHKENT, Uzbekistan, October 31. Uzbekistan has recently given green light to a revised natural gas tariff, which will be enforced by Uzbekistan’s Uzbekneftegaz JSC and Shurtan Gas Chemical Complex LLC oil and gas companies, Trend reports.
The approved tariff for 1,000 cubic meters of natural gas, inclusive of value added tax, is as follows:
- For Shurtan Gas Chemical Complex LLC - 320,000 soums ($26.25)
- For Uzbekistan GTL LLC – 286,000 soums ($23.52)
- For UzGasTrade JSC - 450,000 soums ($36.91)
The updated tariffs will officially take effect November 14.
As per the Interdepartmental Tariff Commission under the Cabinet of Ministers of Uzbekistan, this regulatory move is aimed at ensuring fairness and transparency in the natural gas market and is anticipated to have a significant impact on various sectors of the economy.
Meanwhile, Uzbekistan has produced 35.1 billion cubic meters of gas from January through September 2023.
As per Uzbekistan’s State Statistics Committee, the decline in natural gas production accelerated as the recorded number reflects an 11.43 percent or a 3.6 billion cubic meters decrease compared to the same period last year.
Moreover, on Oct. 7, 2023, Russian gas supply to Uzbekistan was launched via Kazakhstan. Uzbek President Shavkat Mirziyoyev noted that the launch of this gas transportation corridor is of strategic importance.
Gazprom also signed an agreement with Kazakhstan’s QazaqGaz to provide services for the transportation of Russian natural gas through Kazakhstan for consumers in Uzbekistan.
The two-year agreement assumes a supply volume of 9 million cubic meters per day, almost 2.8 billion cubic meters per year.