Tashkent, Uzbekistan (UzDaily.com) -- According to the trade department of Uzbekneftegaz, in accordance with the decree of the President of the Republic of Uzbekistan, the forecast of the company’s target export indicators for 2022 is US$439.1 million, it is planned to bring this figure to US$460.0 million and fulfill the planned plan by 4.8% surplus.

One of the major investment projects launched by Uzbekneftegaz has been the export direction of synthetic naphtha produced at the Uzbekistan GTL plant since December of this year, fully satisfying the demand of the domestic market.

In order to increase the export potential, including expanding the geography of exports and the range of products, permanent relations have been established with the embassies and consulates of the Republic of Uzbekistan abroad.

In particular, together with the Embassy of the Republic of Uzbekistan in Afghanistan, the necessary measures are being taken to obtain a certificate of conformity from the Afghanistan Standardization Agency for synthetic diesel products manufactured by Uzbekistan GTL.

To date, the products of Uzbekneftegaz are exported to 46 countries of the world, in particular Turkey, Latvia, Afghanistan, China, Russia, Kazakhstan, Tajikistan, Kyrgyzstan, Ukraine are the main export partners of Uzbekneftegaz.

In order to study price trends for oil and gas on the world market and optimize the level of export prices, cooperation has been established with international exchange, marketing and price agencies, such as 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.