Gas station revenues in Uzbekistan reached 3.78 trillion soms in September

In the first eight months of 2026, 811.3 thousand tons of automotive gasoline were produced in Uzbekistan. This figure exceeds the volume achieved during the same period last year by 4.6 percent. Concurrently, the number of vehicles in the country is growing, and strategies are being developed to expand the network of gas stations.

According to information from the National Committee on Statistics, as of July 1, approximately five million vehicles for private individuals were registered in Uzbekistan. This represents an increase of 79.4 thousand units compared to April 1. Passenger cars constitute the main part of this fleet, numbering 4.6 million units.

In August, a cooperation agreement was signed between Uzbekneftegaz and the State Oil Company of Azerbaijan, SOCAR. The goal of this agreement is to develop a modern network of gas stations in Uzbekistan.

The companies plan to study the potential for installing new fueling points, determine the most suitable locations, and consider various business models. However, specific project timelines and the anticipated number of new stations have not been announced at this time.

In addition to gasoline, from January to August, the country produced 834.3 thousand tons of diesel fuel, 425 thousand tons of oil, and 648.3 thousand tons of gas condensate. Natural gas production also amounted to 24.2 billion cubic meters, and coal to 4.4 million tons.

It was previously stated that by the end of 2026, Uzbekneftegaz and its subsidiaries aim to extract 22.8 billion cubic meters of natural gas. This plan is 9.5 percent lower than last year's figure of 25.2 billion cubic meters.

The Central Bank of Uzbekistan reported that the total amount of outstanding bank loans to the Uzbek economy reached 713.3 trillion soums as of September 1, 2026. This figure increased by 85.4 trillion soums, representing a growth of 13.6% compared to the same date last year.

Loans denominated in the national currency account for the largest share of the total lending volume. Over the past year, the balance of such loans grew by 67.4 trillion soums, reaching 452.9 trillion soums. The annual growth rate of loans in the national currency was 17.5%.

Foreign currency loans increased by 18.0 trillion soums, or 7.4% over the year, reaching a volume of 260.3 trillion soums.

According to data from the Central Bank, one year earlier, on September 1, 2025, outstanding loans to the economy amounted to 627.9 trillion soums. At that time, the annual increase was estimated at 85.0 trillion soums, or 15.7%.

On the same date a year prior, loans in the national currency totaled 385.6 trillion soums, with an annual increase of 71.8 trillion soums, corresponding to an increase of 22.9%. Outstanding foreign currency loans at that time were 242.3 trillion soums, showing a growth of 13.2 trillion soums, or 5.8% annually.

Thus, the annual growth rate of loans in the national currency slowed from 22.9% to 17.5%, while the growth of foreign currency lending accelerated from 5.8% to 7.4%. The total annual increase in outstanding loans amounted to 85.4 trillion soums, compared to 85.0 trillion soums a year earlier.