Energy Sector

Uzbekistan: A Region
in Transformation

One of Central Asia’s largest energy producers is undertaking an unprecedented modernization of its oil, gas, and power sectors — creating significant demand for skilled professionals.

65
Tcf Natural Gas Reserves
594M
Barrels Oil Reserves
$12B+
Planned Energy Investment
25GW
Renewables Target 2030

Upstream Renaissance

Uzbekistan’s upstream sector is undergoing fundamental reform. The introduction of modern Production Sharing Agreement (PSA) frameworks has opened the door to international operators, bringing new exploration technologies and investment to mature and frontier basins alike.

Uzbekneftegaz, the state-owned national oil company, manages approximately half of the country’s 65 Tcf in proved natural gas reserves and is actively pursuing partnerships to reverse production decline from legacy fields while developing new geological targets.

Refinery Modernization

Three major refinery complexes — Bukhara, Fergana, and the new Jizzakh grassroots project — are being upgraded to produce higher-value products and meet tightening fuel quality standards. These projects require thousands of new operations, maintenance, and engineering professionals.

Energy Transition

Uzbekistan has committed to 25 GW of renewable energy capacity by 2030, including large-scale solar and wind installations. Green hydrogen pilot projects and grid modernization programmes are creating entirely new career paths and workforce demands.

SectorKey Metric
Natural Gas Production~1.5 Tcf/year (2023)
Oil Production~60,000 bbl/day
Refining Capacity~200,000 bbl/day
Electricity Generation~70 TWh/year
Renewables (Current)~3 GW installed
Renewables (2030 Target)25 GW
Workforce (Energy Sector)35,000+
Population (2025)38 million
Opportunity

Central Asia’s energy transformation starts with people

UNG Academy exists to ensure the region has the skilled workforce needed to realise its energy potential.

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