Economy

Uzbekneftgaz and ADCB discuss expansion of financing

Uzbekneftgaz and ADCB discuss expansion of financing
Uzbekneftgaz and ADCB discuss expansion of financing

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekneftgaz JSC held negotiations with representatives of Abu Dhabi Commercial Bank (ADCB) on the sidelines of the international exhibition and conference “Oil and Gas of Uzbekistan – OGU 2026,” focusing on further financial cooperation.

The parties reviewed ongoing transformation processes within the company, measures to strengthen financial stability, and the development of new investment projects. Particular attention was paid to the results of existing cooperation between the two sides.

Representatives of Abu Dhabi Commercial Bank stated their readiness to expand financing for Uzbekneftgaz operations in 2026, noting the potential of current projects and the partnership as a whole.

Following the meeting, both sides confirmed mutual interest in further strengthening cooperation and developing long-term financial engagement.

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.