Modernization of Legal and Fiscal Framework for the Oil and Gas Sector in Uzbekistan

KEY INFORMATION

Budget : 450,000 USD
Country : Uzbekistan
Sector : Power and Energy
Dates : 2020 -
2021
Partner : Dentons Europe LLP (UK) and Grant Thornton (Greece)
Funding : World Bank

KEY OBJECTIVES

  • Compile international experience and best practices in gas market reforms
  • Define alternative options for market structure and regulation
  • Hold workshops on the market structure and regulatory framework
  • Design the architecture of the gas law and secondary legislation
  • Draw up plans for unbundling of transmission and distribution functions
  • Provide recommendations on establishing a regulatory framework and regulator
  • Facilitate the transition from a balancing platform to a gas exchange
  • Introduce improved corporate governance and transparency arrangements
  • Make provisions for energy efficiency, loss reduction, and alleviating poverty
  • Hold workshops on market design and reform of legal and regulatory framework
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