Uzbekistan

Investment & Operational Criteria

Key Indicators

Risk Premia

6.875

%

Outlook

Neutral

Rating

B|3S|±

Ranking

51

Reserves (1P)

Total

mm boe

Oil

5

%

Summary

Uzbekistan is a largely un-reformed Soviet style command type economy. It is highly bureaucratic and can be unresponsive to day-to-day business needs, hence our Outlook Negative.

Updated

June 16, 2021

Country Basics

Region

Asia - Central

Reserves (1P)

Oil

mm bbl

Gas

bcf

Location

UzbekistanUzbekistan

Central Asia, north of Turkmenistan, south of Kazakhstan.

Outline

Tax Regime
Type

Multiple (PSC/Concession)

Tax Regime
Notes

The generally applicable fiscal regime that applies in Uzbekistan to E&P activities in the oil and gas industry (except for PSAs) consists of a combination of CIT, bonuses, subsurface use tax, EPT, and other generally established taxes and contributions.

Investment & 
Operational
Climate

-

Source: ESRI, Heritage Index, HMG Foreign & Commonwealth Office, US Department of State, International Trade Administration, International Law Review, Ernst & Young, Wood Makenzie & OGA data.

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