By Newsbase Uzbekistan is not a major exporter of energy resources, unlike neighbouring Kazakhstan and Turkmenistan, though it is home to quite substantial hydrocarbon resources. The oil and gas industry accounts for about 16% national GDP and more than 20% of budget revenues; however, oil production is low, at just over 770,000 tonnes (15,500 barrels per day) in 2023, and is far outstripped by natural gas output, which came to 46.7bn cubic metres. But extraction of both commodities continues to decline, despite government efforts in recent years to reverse the decline by encouraging more fore…