6.875
%
Neutral
51
mm boe
5
%
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.
June 16, 2021
Asia - Central
mm bbl
bcf
Multiple (PSC/Concession)
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.
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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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