Development pathways for the oil and gas industry in Uzbekistan

The article is aimed at reviewing the oil and gas industry of Uzbekistan, and at analyzing the main indicators of availability, production and consumption of oil and gas. It is concluded that despite the growing demand of the population for these resources, there is a decrease in their extraction. In addition, the industry faces great difficulties in financing, and in application of new technologies and in investment. The possibility of using new technologies is presented as a case-study of digital twins, which are currently being implemented in the Russian oil and gas industry and make it possible to reduce costs and accelerate development of oil and gas fields. This solution is integrated into all task-oriented systems of control, including drilling, power supply and dynamic positioning, which together ensure that the oil platform is kept in the design position. The data are analyzed using customized sensors and the Internet of Things, artificial intelligence and machine learning, and then digital models are constructed. It is concluded that these decisions are justified and expedient, since the economic calculation of the use of these solutions has proved their economic effectiveness. The proposed development pathways can be used by other developing countries of the world in the future. In addition, such studies make it possible to intensify activities aimed at improving efficiency of the oil and gas sector in the Republic of Uzbekistan. The purpose of the article is to determine the prospects for the development of the oil and gas industry in the Republic of Uzbekistan. The article uses the system analysis, static information processing, comparative analysis, forecasting industry indicators, methods for assessing the economic effectiveness of projects, risk assessment, and others as research methods.