State-owned Uzbekneftegaz and Hong Kong’s United Energy Group have underscored the urgent need to accelerate their joint initiative to boost hydrocarbon output in Uzbekistan”s Gazli region, following high-level discussions focused on meeting established performance targets without delay.
According to information today, the imperative was highlighted during a working meeting between Abdugani Sanginov, Chairman of the Board of Uzbekneftegaz, and the management team of United Energy Group Limited, according to a dispatch from the Uzbek firm.
Talks between the two parties centred on the current progress and implementation pace of their collaborative effort to enhance production at the Gazli region fields.
The dialogue placed special emphasis on strategic priorities, the integration of modern technological solutions, and the financial and economic frameworks necessary to ensure the project”s efficient and sustainable execution.
This high-level meeting follows a term sheet agreement formalised by the two entities in May 2025, which cemented their commitment to increasing gas production at the specified fields.
United Energy Group Limited is an independent energy company listed on the Hong Kong stock exchange, specialising in oil and gas exploration and production.
The firm has a significant international footprint with operations in Pakistan, Iraq, and Egypt, and is noted as the largest foreign-invested oil and gas producer in Pakistan, managing 19 onshore blocks with an output exceeding 100,000 barrels of oil equivalent per day.