The latest, but bloodiest Central Asian conflict in years is over water resources. And this clash, long in the making, has major regional implications.

For a country with an entrenched single party system, the subject of selling or leasing land to foreigners has proven a volatile issue.

Uzbekistan has announced the sale of the Fergana Oil Refinery, the second-largest in the country, through an open sale process, UzAssets Investment state company said.

British oil major BP plans to expand gas production in the southeastern part of the Shah Deniz field in Azerbaijan in May-June 2021 as part of the field's second stage development, BP said.

Uzbekistan plans to list its securities on the Russian stock exchange in a bid to develop its capital market and attract foreign investors.