BAKU, Azerbaijan, September 11. Uzbekistan and
China discussed the implementation of joint projects and ways to
strengthen long-term cooperation in the natural gas sector.


This was reflected in the statement by the Uzbekneftegaz,
following meeting between Chairman Abdugani Sanginov and Zhang
Jiajhen, chairman of the Board of Directors of China’s Trans-Asia
Gas Pipeline Company Limited (TAPLine).


According to the company, the meeting also highlighted the
continued development of cooperation between Uzbekneftegaz and
China National Petroleum Corporation (CNPC).


The sides described TAPLine as a reliable, long-term partner
within the framework of the Asia Trans Gas joint venture, which
plays a role in their cooperation in the gas transportation
sector.


Furthermore, the discussions covered the composition of the
supervisory board of Asia Trans Gas and the alignment of its
internal regulations with current legislation. The parties also
considered an initiative to develop the joint venture as a
“first-class company,” as well as ways to improve coordination and
cooperation mechanisms between shareholders.


Moreover, the sides exchanged views on profit distribution and
other issues related to the joint venture’s operations.







“Taking into account the current priorities, it is necessary to
conduct an additional in-depth assessment of the economic
efficiency, costs and implementation timelines of individual
initiatives,” Sanginov said.


The Uzbekneftegaz chairman emphasized the need to carefully
assess the commercial and operational implications of proposed
initiatives before moving forward, according to the company.


At the conclusion of the meeting, the sides expressed readiness
to further strengthen their existing partnership and continue
dialogue on improving the efficiency of Asia Trans Gas and
implementing mutually beneficial projects.


The talks underscore the continued role of Uzbekneftegaz’s
cooperation with Chinese energy companies, including CNPC and
TAPLine, in the development of joint projects and gas
transportation infrastructure.