According to the First Deputy Chairman of the State Tax Committee, Mubin Mirzayev, in the first half of 2024, Uzbekistan’s indirect tax revenues decreased due to a drop in gas production and an increase in gas imports. The Davletovuz blog highlighted this issue in its timeline.
Uzbekistan imported 5.2 billion cubic meters of gas at a price of $160 per 1,000 cubic meters. The 0% excise tax rate on gas imports resulted in the government receiving 1.3 trillion soums.
Gas production in the country also declined, with 13.7 billion cubic meters produced over six months, which is 1.4 billion less than the previous year. Consequently, excise duties decreased by 104 billion soums.
Kursiv Uzbekistan also cited Russian President Vladimir Putin, who stated that Uzbekistan’s one million-per-year population growth necessitates Russian gas.
