TASHKENT, Uzbekistan, May 13. Uzbekneftegaz and
China Export & Credit Insurance Corporation (Sinosure) discussed
expansion of financial cooperation, Trend reports via Uzbekneftegaz.
The discussion took place during a meeting between Chairman of
the Board of Uzbekneftegaz JSC Abdugani Sanginov and a delegation
from the China Export & Credit Insurance Corporation (Sinosure),
led by its head Sheng Hetai. The meeting took place within the
framework of the "Oil & Gas Uzbekistan – OGU 2026" international
exhibition and conference.
At the start of the meeting, the sides noted that through
long-standing cooperation between Uzbekneftegaz JSC and Sinosure,
effective export-credit financing mechanisms have been established
for the procurement of drilling equipment and tubular products.
During the negotiations, the parties discussed the prospects
for further expanding financial cooperation and explored
opportunities for financing new investment projects.
Abdugani Sanginov emphasized that partnership with Sinosure
plays a crucial role in the efficient financing of Uzbekneftegaz’s
investment initiatives and the implementation of major
technological procurements. He expressed interest in the consistent
and continued development of this strategic partnership.
