Tashkent, Uzbekistan (UzDaily.com) -- According to the Department of Trade of Uzbekneftegaz, the forecast for export targets set for Uzbekneftegaz in 2022 was US$439.1 million, in practice this figure has been increased to US$461 million.

One of the major investment projects launched by the company is the production of synthetic naphtha at the Uzbekistan GTL plant. Since December this year, this product has been exported with full satisfaction of the demand for the domestic market.

To date, the products of Uzbekneftegaz are exported to 49 countries of the world, in particular to Turkey, Latvia, Afghanistan, China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan, Ukraine and are the main export partners of Uzbekneftegaz.

Until the end of this year, Uzbekneftegaz plans the export of products manufactured in oil and gas production departments and production plants, and services provided to foreign companies, in the amount of US$502.1 million.

In order to study the price trend in the world oil and gas market and optimize the level of export prices, cooperation has been established with international exchange, marketing and price agencies ICIS, ARGUS and S&P Global Platts. The export of products manufactured by the company’s enterprises is carried out on the basis of international market quotations and market conditions.