This article analyzes the reforms, modernization processes, and strategic development of Uzbekistan’s oil and gas industry implemented since the early years of independence. The study indicates that the slow introduction of market mechanisms, high domestic consumption, low energy efficiency, the deterioration of the pipeline network, and the limited geography of exports are the main factors hindering the development of the sector.

Uzbekistan oil and gas industry; independence period; natural gas policy; energy efficiency; export potential; pipeline infrastructure; geo-energy competition; “Uzbekneftegaz”; hydrocarbon reserves; investment; modernization; Central Asian energy sector.

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Bozorova O.R. The History of the Development of the Oil and Gas Industry in Uzbekistan During the Years of Independence // Western European Journal of Historical Events and Social Science. – 2024. – № 6(2). – P. 23–25.

Aleksey Bozhko, Analysis of Natural Gas Market of Uzbekistan, Charles University, 2010.

Sultanbaevich J., Boltaboyevich K. Fuel Industry Development in Uzbekistan // International Journal of Economics, Commerce and Management. – United Kingdom. – Vol. V, Issue 11. – November 2017. – P. 498–505.