How Uzbekistan plans to take on the world’s oil majors | Financial Times:
Uzbekistan’s state oil and gas company has a bold aim — to become the next Royal Dutch Shell or BP and join the ranks of the world’s energy majors.
It is early days but Uzbekneftegaz, which contributes 15 per cent of the country’s gross domestic product, has taken the first steps towards its ambitious goal by gaining the freedom from the government to act as an independent corporate entity.
The company has also appointed a new chairman, 39-year-old Bahodirjon Sidikov, to oversee its planned transformation as the group aims to take advantage of reforms implemented across the country under president Shavkat Mirziyoyev.
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