News about energy: events, facts and developments on tafs uz.
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The Asian Development Bank will provide Uzbekistan with a $200 million loan to modernize the electricity distribution system. The agreement was signed on October 15 in Bangkok. Under the program, 60 substations will be reconstructed, digital management systems will be introduced, and conditions will be created for connecting at least 3.3 GW of renewable energy.
Dilnoza RahimovaAt the second Central Asian Oil and Gas Forum in Tashkent, an initiative was discussed to link Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan with more than 3,000 km of gas pipelines. The idea's author, Kazakh expert Askar Ismailov, estimates the cost at $5 billion and capacity at 20 billion cubic meters of gas per year. Financing and agreements between governments have not yet been announced.
Nilufar KarimovaKremlin press secretary Dmitry Peskov said Russia continues 'systematic and massive' retaliatory strikes against Ukraine. The day before, Ukrainian drones attacked facilities in St Petersburg and Leningrad region; the sides cite differing casualty figures.
Otabek YusupovOn the night of October 18, Russia and Ukraine exchanged massive strikes. Drones hit an oil terminal and an Ozon warehouse in St. Petersburg, a VK data center in Leningrad Oblast; one person was killed and five injured in the city. According to the Ukrainian side, two people were killed and 12 injured as a result of Russian strikes. Russian air defense reported 1,015 drones shot down.
Otabek YusupovPresident Shavkat Mirziyoyev, at a meeting with energy sector investors, said that in addition to the nuclear power plant under construction in Jizzakh, a second and third nuclear plant are planned. He linked this to growing uranium production: according to the Geology Committee, in 2025 it reached 7 thousand tons, with 15 thousand tons planned by 2030.
Nilufar KarimovaAt a meeting between Shavkat Mirziyoyev and fuel and energy sector investors, EDF Vice President Cedric Le Bouch announced that the 1,600 MW Syrdarya-2 combined-cycle power plant will come online this winter. Also, 75% of work at the Surkhandarya thermal power plant has been completed, a memorandum on a wind power plant in Bukhara region has been signed, and interest in modernizing power grids has been declared.
Nilufar KarimovaHead of Saudi ACWA Power Muhammad Abunayyan, after meetings with President Shavkat Mirziyoyev, announced a $1.5 billion contract for a 1 GW round-the-clock generation project and plans to provide $3.5 billion in direct investments in 2027. In November, a visit by a delegation of more than 50 Saudi companies is expected.
Nilufar KarimovaUkrainian President Volodymyr Zelensky said Russia carried out one of the largest strikes on the energy sector since the start of the full-scale invasion, hitting more than 15 power generation and transmission facilities. The Russian Defense Ministry confirmed attacks on infrastructure. Zelensky also criticized Trump's decision to cancel a sanctions package against Moscow.
Aziz KarimovOn October 16, the first meeting of the Investors' Council in the fuel and energy sector was held in Tashkent. President of Uzbekistan Shavkat Mirziyoyev met with executives of companies from Azerbaijan, the UK, the UAE, China, Turkey, Saudi Arabia and Oman. The discussions covered the development of deposits on the Ustyurt plateau, green energy, thermal power plants, a logistics hub in the Andijan region, and preparations for the visit of US Secretary of State Marco Rubio.
Nilufar KarimovaPakistan's Finance Minister Muhammad Aurangzeb, speaking to AFP on the sidelines of the annual IMF and World Bank meetings in Bangkok, said the country has so far withstood the shock of rising energy prices caused by the war with Iran, but strikes on the infrastructure of Saudi Arabia and Gulf states raise concerns about the long-term outlook.
Otabek YusupovGlobal Energy Monitor analysts note that over ten years Turkey has almost entirely abandoned new coal projects: of the 54.5 GW pipeline from 2014, only a few proposals remain. Wind and solar account for a third of installed capacity, and by 2035 the country plans to bring their combined capacity to 120 GW. According to the energy ministry's estimate, clean energy displaced fossil fuel imports worth $21.5 billion in 2015–2025.
Dilnoza RahimovaUzbek President Shavkat Mirziyoyev met with the chairman of the board of directors of Oman's Voltamp Energy, Sayyid Ayman al-Busaidi, at the first meeting of the Investors' Council in the fuel and energy sector. The parties agreed to implement the company's current and new projects based on a 'roadmap'; key topics are the construction of solar photovoltaic power plants and the production of high-voltage transformers.
Nilufar KarimovaQatar's Prime Minister and Foreign Minister Sheikh Mohammed bin Abdulrahman Al Thani visited Beirut, where he discussed joint energy projects and the situation in southern Lebanon with President Joseph Aoun. At the same time, Lebanese Foreign Minister Youssef Raji declared commitment to maintaining an international presence in the south of the country after UNIFIL's mandate ends at the end of the year.
Otabek YusupovAt a press conference after the EU summit in Brussels, European Commission President Ursula von der Leyen called for changing the energy consumption model, saying that dependence on imported oil and gas added €106 billion ($119 billion) in costs without any additional energy. Gas prices rose by about 140% since late February, diesel doubled. Short-term measures were agreed, including the release of 100 million barrels of oil and diesel over four months under the IEA's coordination.
Nilufar KarimovaPresident of Uzbekistan Shavkat Mirziyoyev, as part of the first meeting of the fuel and energy sector investors' council, received delegations from Saudi ACWA Power led by Muhammad Abunayyan, Cengiz Holding led by Mehmet Cengiz, as well as the leadership of SOCAR and British Petroleum. The discussions covered expanding cooperation, green energy, infrastructure, construction of thermal power plants, and modernization of power grids.
Dilnoza RahimovaShavkat Mirziyoyev met with the head of Turkey's Cengiz Holding Mehmet Cengiz and the chairman of Saudi ACWA Muhammad Abunayyan. They discussed the construction of thermal power plants, modernization of power grids, and expansion of cooperation in energy, geology, infrastructure, and high technologies.
Nilufar KarimovaSix energy agreements worth $4.7 billion were signed in Tashkent with the participation of ACWA Power, EDF, Toyota Tsusho and other companies — 3,000 MW of generation and 400 MW of storage. President Shavkat Mirziyoyev announced plans for a second and third nuclear power plant after construction began on the first one with Rosatom in the Jizzakh region. By 2030, the country intends to add 22 GW of capacity and raise the share of renewables to 54%.
Dilnoza RahimovaSpeaking at the Delovaya Rossiya forum, Vladimir Putin said Moscow is responding to Ukrainian strikes on energy infrastructure and the Wildberries and Ozon platforms. Earlier, Novak reported attacks on refineries in the Saratov and Ryazan regions, while Peskov called the strikes on refineries contrary to US peace initiatives.
Aziz Karimov
