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International investment companies meet at Uzbekneftegaz

Uzbekistan Materials 18 September 2024 17:09 (UTC +04:00)
International investment companies meet at Uzbekneftegaz
Kamol Ismailov
Kamol Ismailov
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TASHKENT, Uzbekistan, September 18. Uzbekneftegaz JSC (the oil and gas company of Uzbekistan) held a meeting with representatives of investment companies Fidelity Management & Research, Morgan Stanley Investment Management, and Artisan Partners, Trend reports.

During the meeting, the parties shot the breeze about the latest corporate triumphs of Uzbekneftegaz, their production hustle, industry trends, and investment priorities for the future.

Also, it was mentioned that the Uzbekneftegaz JSC team is getting ready to meet in London in October with global rating agencies, banks, and investors.

The meeting partakers highlighted that this partnership will not just put some extra coins in the company’s pocket, but it will also serve as a key motivator for rolling out new projects down the line.

Noteworthy that not long ago, the World Bank threw its hat in the ring, signaling its willingness to back the projects rolled out by Uzbekneftegaz JSC aimed at cutting down on methane emissions.

The parties kicked around the idea of pouring resources into projects that would boost energy efficiency, ramp up gas production, and cut down on methane emissions.

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