Economy

Uzbekneftegaz and McKinsey Discuss Long-Term Development Strategy

Uzbekneftegaz and McKinsey Discuss Long-Term Development Strategy
Uzbekneftegaz and McKinsey Discuss Long-Term Development Strategy / Photo: JSC "Uzbekneftegaz"..

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan's state-owned oil and gas company Uzbekneftegaz and international consulting firm McKinsey & Company have discussed the development of a long-term strategy for the national company.

The discussions took place at a meeting between Sukhrab Khamraev, First Deputy Chairman of the Uzbekneftegaz Management Board, and Bob Sternfels, McKinsey's Global Managing Partner.

During the meeting, the parties considered approaches to identifying the company's strategic priorities and the potential use of international experience in developing a long-term development plan.

Particular attention was paid to the need to clearly define Uzbekneftegaz's strategic objectives in light of global changes in the oil and gas industry.

The discussions also covered ways to make more effective use of the company's existing potential and take long-term sustainable development factors into account.

The talks focused on establishing strategic guidelines that reflect changes in the global energy landscape and the future prospects of the oil and gas sector.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.