State Of Production Process at The Enterprises Of The Oil and Gas Industry Of Uzbekistan

  • Salomova Sarvinoz Salimovna Associate Professor Tashkent State Technical University Uzbekistan
Keywords: Oil and Gas Industry, Trends, Resource Reserves, Economic Potential, Efficiency, Foreign Investments

Abstract

This study examines the current state of production processes in Uzbekistan’s oil and gas sector, emphasizing its critical role in the national economy. The research highlights key challenges, trends, resource reserves, and the economic impact of domestic and foreign investments in the industry. Statistical data and comparative analysis methods are used to explore production efficiency, resource utilization, and the integration of innovative technologies to optimize output. The study identifies major resource-rich regions such as Kashkadarya and Bukhara-Khiva, focusing on their contribution to production dynamics.Findings reveal that although resource use efficiency and technological advancements have improved, challenges persist in modernizing outdated refineries and aligning production with environmental standards. The analysis underscores fluctuating investment efficiencies and production trends, with a noted increase in gas production expected until 2031. The study also emphasizes the importance of adopting digital solutions and innovative practices to enhance competitiveness and achieve economic stability.The research concludes that addressing existing challenges through strategic investments and policy reforms can support sustainable growth in the sector. These insights provide a basis for enhancing the innovative development strategy of Uzbekistan’s oil and gas industry, ensuring long-term economic and environmental sustainability.

References

Mitin V. Sem opredeleniy sifrovoy ekonomiki / CRN. 2017.

Blaug M. Economic theory of space utilization and classical theory of production placement Archived from the original on January 21, 2022 at the Wayback Machine // Economic thought in retrospect. — M.: Delo, 1994. — P. 568-585. — ISBN 5-86461-151-4

Development Strategy Center. "Development 2018". Tashkent 2018, 14 p.

https://www.cm.ru/news/detail.php.ID-116780 (data access 19.09.2017)

www.prb.org. 2019 World Population Factsheet. Population Reference Bureau

https://ruscions.info/faq/cifrovaya-ekonomika-v-Rossii
http://www.nasscom.in/indian-itbpo-industry Website of the Indian ICT Agency.

https://project.adliya.uz/uz/site/authority?id=5973 Information from the State Committee for Geology and Mineral Resources of Uzbekistan

https://www.ung.uz/open-data/18/sub/42/2

Salimovna S. S. PRODUCTION OPTIMIZATION THROUGH INFORMATION COMMUNICATION TECHNOLOGIES AND INDUSTRY 4.0 CONCEPT //GWALIOR MANAGEMENT ACADEMY. – С. 111.

Alisherovna M. K. Stimulation of attracting foreign direct investments //TRANS Asian Journal of Marketing & Management Research. – 2023. – Т. 12. – №. 2and3. – С. 1-5.

Saidov M. S. Improving Management Efficiency at Oil and Gas Industry Enterprises in Uzbekistan //Academic Journal of Digital Economics and Stability. – 2023. – Т. 25. – С. 15-24.

Mukhitdinova K., Tarakhtieva G. Ensuring sustainable future: The interconnectedness of food safety and environmental health //E3S Web of Conferences. – EDP Sciences, 2024. – Т. 497. – С. 03037.

Саломова С. ЎЗБЕКИСТОН РЕСПУБЛИКАСИДА ИНТЕЛЛЕКТУАЛ ПЛАТФОРМАЛАРДАН ФОЙДАЛАНИШ ЙЎЛЛАРИ: https://doi. org/10.55439/ECED/vol23_iss3/a32 //Iqtisodiyot va taʼlim. – 2022. – Т. 23. – №. 3. – С. 214-219.

Kenisarin M. The energy sector of Uzbekistan: Present state and Problems //Central Asia and the Caucasus. – 2004. – №. 2 (26).

Salimovna S. S. ENERGETIKA KORXONALARI FAOLIYATINI SAMARADORLIGINI TA’MINLASH //Scientific Journal of Actuarial Finance and Accounting. – 2024. – Т. 4. – №. Maxsus son. – С. 211-215.

Raimondi P. P. Central Asia oil and gas industry-The external powers’ energy interests in Kazakhstan, Turkmenistan and Uzbekistan. – 2019.

Расулев А. Ф., Воронін С. О., огли Шомуродов Т. Б. NEW OPPORTUNITIES ON ECONOMIC DEVELOPMENT OF UZBEKISTAN //TIME DESCRIPTION OF ECONOMIC REFORMS. – 2022. – №. 1. – С. 30-38.

Alisherovna M. K. Formation of a Database in The Assessment of Investment Attractiveness of Auto Transport Enterprises //Central Asian Journal Of Innovations On Tourism Management And Finance. – 2021. – Т. 2. – №. 6. – С. 62-65.

Mukhamedzhanov M., Rakhmatova N., Karabayeva Z. Prospects for the use of oil shale in the Republic of Uzbekistan //E3S Web of Conferences. – EDP Sciences, 2023. – Т. 371. – С. 01006.
Published
2024-12-09
How to Cite
Salomova Sarvinoz Salimovna. (2024). State Of Production Process at The Enterprises Of The Oil and Gas Industry Of Uzbekistan. Central Asian Journal of Innovations on Tourism Management and Finance, 5(8), 588-592. https://doi.org/10.51699/cajitmf.v5i8.793
Section
Articles