Tashkent, Uzbekistan (UzDaily.com) -- Today, on 23 October, a round table was held in Tashkent with the participation of a number of international financial institutions (IFIs) on further reforming the country’s energy sector.

The event was attended by Minister of Energy Alisher Sultanov, Minister of Finance Timur Ishmetov, as well as heads of the State Assets Management Agency, Uzbekneftegaz JSC, Uztransgaz JSC, National Electric Networks of Uzbekistan, Thermal Power Plants JSC, Regional electrical networks.

Foreign online participants in the discussion were representatives of the World Bank, the Asian Development Bank and the European Bank for Reconstruction and Development, a number of international legal and audit companies, as well as international experts and consultants.

“Along the entire path of reforming the energy sector of our country, International financial institutions make a significant contribution to the planning and implementation of reforms, their financial support and the involvement of authoritative international experts. And the most important thing is the opportunity through this fruitful partnership to introduce the best, modern, effective world practices in our country,” Energy Minister Alisher Sultanov emphasized in his welcoming speech.

During the round table, Recommendations and Roadmaps for further reforming the electricity and oil and gas industries were discussed, in the preparation of which international experts and consultants from the World Bank, the Asian Development Bank and the European Bank for Reconstruction and Development took part.

The participants in the meeting also made proposals on defining the role and tasks of IFIs for further technical assistance in the implementation of reforms.

As noted by experts, the implementation of such large-scale reforms in the energy sector will make it possible to introduce modern methods of corporate governance, transition to market mechanisms, improve the quality of services that provide for an affordable and guaranteed supply of electricity and natural gas to consumers, achieve financial stability of the energy industry, energy efficient production and consumption. energy resources.