Revolutionizing Uzbekistan’s Energy Sector with Italian Smart Meter Technology
Pietro Fiorentini, a global leader in smart gas metering solutions, is bringing its innovative technology to Uzbekistan. In collaboration with SACE and Intesa Sanpaolo, the company will supply 4 million smart gas metering kits to Texnopark, a local Uzbek contractor, which will manufacture advanced gas meters for the state-owned utility, Hudugazta’minot.
This $264 million project aims to digitize Uzbekistan’s gas infrastructure, ensuring greater energy efficiency, reducing gas losses, and improving resource management. The initiative aligns with Uzbekistan’s green economy transition and supports the government’s energy efficiency and emissions reduction goals.
Key Highlights of the Uzbekistan Smart Gas Metering Project
- 4 million smart gas metering kits supplied by Pietro Fiorentini
- $264 million total investment, backed by Intesa Sanpaolo & SACE
- $220 million loan to Hudugazta’minot, guaranteed by the Ministry of Finance of Uzbekistan
- Advanced gas monitoring technology to reduce natural gas loss and emissions
- Strategic collaboration to enhance Italian technology exports
Italian Smart Gas Metering Technology for Uzbekistan
Texnopark, the Uzbek company responsible for meter production, has signed an agreement with Pietro Fiorentini to receive Metering Kits, which include:
- Smart gas meter components
- Licensing and assembly equipment
- Technology transfer and know-how
This collaboration represents a major step in Uzbekistan’s energy transition, ensuring real-time gas consumption monitoring and optimizing natural gas distribution.
Financial Support from Intesa Sanpaolo & SACE
To facilitate the project, Intesa Sanpaolo and SACE structured a $220 million loan to Hudugazta’minot. The financing is part of a broader Italian initiative to expand exports of advanced technology to high-growth markets like Uzbekistan.
Mario Bruni, SACE Mid Corporate Manager, emphasized:
“Pietro Fiorentini is an example of Italian excellence, with a strong commitment to energy transition. SACE’s mission is to support the global expansion of Made in Italy technology, and this first operation with the Uzbek government highlights our commitment to helping Italian companies grow internationally.”
Pietro Fiorentini: A Leader in Smart Gas Solutions
With over 80 years of experience, Pietro Fiorentini has established itself as one of Italy’s top industrial companies, specializing in natural gas distribution technologies and digital solutions. The company’s smart metering technology enables:
- Accurate gas consumption monitoring
- Real-time data analysis for efficient distribution
- Reduction of natural gas losses and environmental impact
- Seamless integration with digital energy networks
Cristiano Nardi, Executive President of Pietro Fiorentini Group, stated:
“This is a challenging but rewarding project, requiring significant effort in both volume and execution speed. Thanks to SACE and Intesa Sanpaolo, we are delivering an all-Italian success story. Additionally, our subsidiary Terranova has provided the IT platform for managing the entire smart meter fleet.”
Advancing Uzbekistan’s Digital Gas Infrastructure
The Uzbek government, under its green energy reforms, is investing in smart metering solutions to:
- Improve energy efficiency
- Prevent gas losses and reduce emissions
- Modernize its gas network infrastructure
- Encourage sustainable resource management
Over the past year, the installation of smart gas meters in Tashkent alone has resulted in:
- A reduction of 7.3 million cubic meters of wasted natural gas
- Lower harmful emissions into the atmosphere
- Increased foreign investment in Uzbekistan’s energy sector
Uzbekistan’s Growing Economy & Trade with Italy
Despite global challenges, Uzbekistan’s economy grew by 1.7% in 2020, reaching a $60 billion GDP. Trade between Italy and Uzbekistan continues to strengthen, with Italian exports increasing by 19.4% in 2021, particularly in mechanical engineering, electrical appliances, and metal products.
Michele Sorrentino, Head of Network Italy at Intesa Sanpaolo, highlighted:
“Pietro Fiorentini is a prime example of industrial excellence, seizing opportunities in energy transition and international expansion. This project reaffirms our commitment to supporting Italian companies in global markets, fostering their growth, and driving sustainable innovation.”
Smart Gas Metering: A Key Step Toward Energy Efficiency
Strengthening Italy-Uzbekistan trade relations in energy and technology sectors
Digitizing Uzbekistan’s gas infrastructure with real-time consumption monitoring
Reducing energy waste and lowering emissions through advanced metering
Enhancing resource efficiency with smart meter integration
