Tashkent, Uzbekistan (UzDaily.com) -- Uzbekneftegaz achieves significant results in the production of localized products, reducing the volume of imports and establishing cooperation ties with industry and regional enterprises in 2020.

In particular, within the framework of the localization program, products were produced for 959.4 billion soums (175.5 percent of the plan), which is 830.1 billion soums more than in the same period of last year. By the end of the year, it is expected to produce goods for 1.25 trillion soums (145.6 percent to the plan).

According to the program, 13 types of new products were mastered, products worth 687.9 billion soums were sold during the reporting period. Of these, products were exported for the amount of US$3.14 million.

In April this year, on the basis of the Bukhara oil refinery, projects were launched to increase the production capacity of Euro 4-5 diesel fuel, and in August, at the Mubarek gas processing plant, to increase the capacity of liquefied gas production.

Taking into account the sale of products and the demand for local goods, according to the work plan of the company, for the next reporting year, it is planned to develop new types of products together with local producers. In 2021, within the framework of 20 projects, it is planned to manufacture products for 3.07 trillion soums, or 300.2% more than this year.

As part of the program to meet the demand for import-substituting domestic goods and reduce imports, imports in the amount of USD 214.6 million were covered. This was achieved due to the implementation of the program plan by 112.3%, including US$187.8 million - due to localization and 26.9 million US dollars - due to the establishment of intersectoral cooperation ties.

On the initiative of the Chairman of the Management Board of Uzbekneftegaz, cooperation was established on the principle of "Industry-territory". Currently, an important task is the search for domestic manufacturers, an in-depth study of their production capacities and technical capabilities, assistance in the development of new types of products and, of course, the establishment of cooperation relations with them.

Through the Single portal of electronic cooperation to expand intersectoral cooperation ties, to gradually reduce the demand for imported products between Uzbekneftegaz and local producers, 1,540 contracts worth 522.4 billion soums were signed. The purchased products and services cover 12 regions of the Republic and include more than 200 business entities.

Roadmaps have been developed for the development of 20 new types of imported products, as a result of which, by the end of the year, the volume of imports will be reduced by US$6 million.