Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Companies / Russia

Russia Dominates Uzbek Energy Sector

February 2007 | Industry News

Uzbekistan is making progress with its energy sector development plans, with a series of new deals signed. Rather than this presenting opportunities in the country for international oil companies (IOCs), however, it is Russia and its state-controlled energy companies which are reaping the benefits. As the Kremlin continues with its policy of enhancing political and economic ties with its former satellite, we expect more deals to be struck giving Russian companies priority access to Uzbekistan's substantial gas

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