Please Wait.....
Report
Uzbekistan Oil and Gas Downstream - Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2025 - 2030)
Market Report I 2025-04-28 I 120 Pages I Mordor Intelligence
The Uzbekistan Oil and Gas Downstream Market is expected to register a CAGR of greater than 3% during the forecast period.
The market was negatively impacted by COVID-19. Presently the market has now reached pre-pandemic levels.
Key Highlights
- Over the medium term, factors such as demand for petroleum products, efforts to grow the downstream sector coupled with upcoming projects are expected to drive the market studied.
- On the other hand, the growing share of fuel-efficient vehicles and increasing penetration of electric vehicles in the country are expected to hinder the market growth during the forecast period.
- Nevertheless, digitalization and modernization of the refining and petrochemical sector is expected to reduce refining costs and process losses. This, in turn, is expected to create an opportunity for the market during the forecast period.
Uzbekistan Oil and Gas Downstream Market Trends
Refineries to Dominate the Market
- The refineries sector has dominated the Uzbekistan Oil and Gas Downstream Market in recent years and is expected to continue to do so during the forecast period.
- The country has only three refineries under operation, the Alty-Aryk NPZ, Ferghana NPZ, and Bukhara NPZ Refinery. All three refineries in the country are in dire need of expansion and modernization. The country's refinery throughput reached 46 thousand barrels per day in 2021.
- The country is actively trying to ramp up its downstream oil and gas sector through a series of investments in the modernization and expansion of its existing refineries.
- The country has extensive hydrocarbon reserves: according to local industry officials, the country's total primary energy reserves (proven and projected) exceed 5.5 billion tons of oil equivalent (TOE), including 1.5-1.6 billion tons of natural gas and 245 million tons of oil.
- As the second largest natural gas producer in Central Asia in 2021, Uzbekistan produced 53.6 billion cubic meters of natural gas and plans to make 66.1 billion cubic meters by 2030, of which 56.5 billion will be used on the domestic market.
- In June 2022, Sanoat Energetika Guruhi LLC (SEG), a Uzbekistan oil and gas company, acquired the formerly state-owned Fergana Oil Refinery LLC (Fergana); the acquisition followed a competitive tender process as part of Uzbekistan's state asset privatization program. Following the acquisition, the company plans to modernize the Fergana Oil Refinery and double its capacity to two million tons annually. By September 2023, the refinery will produce Euro-5 gasoline and various modern types of oils and other refined products.
- In December 2021, The Hyundai Engineering Company announced the completion of a GTL (Gas-to-Liquid) plant in Uzbekistan worth USD 2.62 billion. 'GTL' refers to a method for chemically reacting natural gas to produce liquid petroleum products.
- Owing to several major upcoming projects for capacity expansion and capacity addition, the refineries sector is expected to dominate the market due to forthcoming projects of development and construction of new refineries.
Demand for Petroleum Products to Drive the Market.
- Uzbekistan is a major producer of natural gas, just like its neighbors Kazakhstan and Turkmenistan. The country plans to increase production, but instead of exporting gas as raw material, investments have been made in processing capacities to meet the increasing demand for fuel, plastics, and other products by the country's growing population and industrial sector.
- The struggles of Uzbek drivers in finding petrol or diesel for their cars have been the most obvious manifestation of this phenomenon for the past two decades. In recent years, cars have switched en masse to run on compressed natural gas (CNG) instead, with filling stations advertising 'metan' (compressed gas), which is now used by nearly two-thirds of vehicles. The local automotive industry has now produced cars that are designed to run on this fuel, whereas motorists initially converted their own cars.
- As part of Uzbekistan's goal to move away from natural gas exports and to produce higher-value products domestically, the first synthetic diesel was produced at the newly built gas-to-liquids (GTL) plant UzGTL (UzGTL) in July 2022. By the time the plant is fully operational, it will produce over 1.5mn tonnes per year of finished liquid fuel products, including 307,000 tpy of jet fuel, 724,000 tpy of diesel fuel, 437,000 tpy of naphtha and 53,000 tpy of liquefied gas.
- According to Uzbekistan's Energy Minister, the country wants to expand its capacity for deep processing domestic natural gas; decrease the imports of hydrocarbons; satisfy local requirements for high-quality, environmentally friendly fuel; and provide strategic value-added products based on its own raw materials to the market. The crude oil consumption in the country reached 90 thousand barrels per day in 2021 from 82 thousand barrels oer day in 2014.
- The head of the downstream department of the state oil and gas company Uzbekneftegaz stated that Uzbekistan is interested in investing in petrochemical projects such as GTL or methanol-to-olefins (MTO).
- In November 2021, Uzbekistan has announced a new gas-chemical project that will be based on MTO technology. The USD 2.5 billion project will begin operations in the fourth quarter of 2023 and will provide the country's domestic industry with olefinic hydrocarbons.
- In view of these factors, the ongoing investments and developments in petrochemical sector in the country is expected to dominate the market during the forecast period.
Uzbekistan Oil and Gas Downstream Industry Overview
The Uzbekistan Oil and Gas Downstream Market is consolidated. Some of the major players in the market (not in particular order) include JSC Uzbekneftegaz, PJSC Gazprom, Sanoat Energetika Guruhi LLC (SEG), Jizzakh Petroleum JV, and TotalEnergies SE.
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY
4 MARKET OVERVIEW
4.1 Introduction
4.2 Refining Capacity and Forecast in thousand barrels per day, till 2027
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
4.5 Market Dynamics
4.5.1 Drivers
4.5.2 Restraints
4.6 Supply Chain Analysis
4.7 PESTLE Analysis
5 MARKET SEGMENTATION BY TYPE
5.1 Refineries
5.2 Petrochemical Pants
6 COMPETITIVE LANDSCAPE
6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
6.2 Strategies Adopted by Leading Players
6.3 Company Profiles
6.3.1 JSC Uzbekneftegaz
6.3.2 PJSC Gazprom
6.3.3 TotalEnergies SE
6.3.4 Jizzakh Petroleum JV
6.3.5 Sanoat Energetika Guruhi LLC (SEG)
6.3.6 Petroliam Nasional Berhad
6.3.7 Sasol Limited
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security