MODERN MECHANISMS OF THE FINANCING SYSTEM OF GAS INDUSTRY ENTERPRISES

Abstract

This scientific article deeply studies modern mechanisms of financing gas
industry enterprises, analyzes advanced financial approaches aimed at modernizing energy
infrastructure and ensuring investment stability in the conditions of developing countries, in
particular Uzbekistan. The study substantiates the need to introduce modern, innovative and
institutional financing mechanisms instead of traditional methods based on the state budget and
bank loans. The main attention is paid to project financing mechanisms, in which financial risks
are redistributed among all participants and the opportunity to attract private investments is
expanded. The public-private partnership (PPP) model is interpreted as a mechanism for ensuring
long-term financing of capital-intensive infrastructure projects. The article also extensively
discusses the possibilities of "green finance" instruments - attracting investment in projects based
on ESG criteria, issuing green bonds, and cooperating with international environmental funds. The
author emphasizes that state policy and scientific approaches should be integrated in improving
the financing system in the gas industry.