Caspian Energy (CE): Mr. Sultanov, which countries are the main partners in Uzbekistan’s energy projects today?
Alisher Sultanov, Minister of Energy of the Republic of Uzbekistan: Historically, Uzbekistan has always been at the crossroads of civilizations, and the present is no exception. It is clear that any country with rich natural resources and potential attracts the attention of investors from many countries. We keep our options pretty open when choosing investment partners, and work actively in many different streams. The main principle here is that we do not choose countries or companies, but we make a choice in favor of competitive and mutually beneficial proposals coming from highly qualified international investors.
Projects are successfully underway jointly with foreign large companies in the oil and gas industry and concern mainly geological exploration, production and advanced processing of hydrocarbons.
Speaking about cooperation in the field of generation of both conventional and renewable energy, here we are also working with the leaders of this industry.
Companies from the Saudi Arabia Kingdom and UAE have submitted us very interesting proposals for the development of power plants, be it photovoltaic, wind and thermal power plants.
Moreover, the work is already underway on four tenders to select investors for photovoltaic, wind and combined-cycle power plant projects. And we see active engagement of companies from India, Korea, China and Western Europe.
The implementation of projects employ both own funds and resources of organizations and financial institutions with the aim to provide technical and logistical know-how, and in this way to achieve maximum efficiency in each project.
It is clear that along with existing partners, the Ministry of Energy of the Republic of Uzbekistan is constantly working to attract new internationally recognized companies and financial institutions.
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