TASHKENT, Uzbekistan, February 10. Since January 1, 2025, Uzbekistan's natural gas reserves have been sitting pretty at a whopping 65 trillion cubic feet (Tcf).
Data obtained by Trend from the US Energy Information Administration shows that out of 65 trillion cubic feet, Uzbekneftegaz (Uzbekistan's state-owned energy company) holds around half, with 33 Tcf in its possession, underscoring the firm's dominant role in the sector.
Despite these substantial reserves, Uzbekistan’s natural gas production has been on the decline in recent years. In 2023, the country produced 1.5 Tcf of dry natural gas, which is less than the 1.6 Tcf it consumed during the same period. The country’s production has steadily decreased from a peak of 2.4 Tcf in 2008. Between 2021 and 2022, production fell by 4 percent.
In 2018, a significant development in Uzbekistan's natural gas sector occurred with the launch of the Kandym Gas Processing Complex (KGPC) in the Bukhara Province. Developed in collaboration with Russia’s Lukoil, the plant is capable of processing over 280 billion cubic feet (Bcf) of natural gas annually. As one of the largest gas treatment facilities in Central Asia, KGPC plays a crucial role in the country’s natural gas infrastructure.
Meanwhile, Uzbekistan's natural gas production totaled 44.5 billion cubic meters in 2024. This figure is 4.9 percent less compared to the same period last year (46.7 billion cubic meters in 2023).
Furthermore, the volume of gas condensate produced in 2024 reached 1.21 million tons, up 1.6 percent compared to the same period last year (1.19 million tons).
