Uzbekistan GTL plant, being built in Guzar district of Kashkadarya region, is one of the key investment projects in the oil and gas sector. Documents on attracting 2.3 billion USD to finance it was held in Tashkent.
The event was attended by representatives of Uzbekneftegaz JSC, relevant ministries and departments, the Fund for Reconstruction and Development of Uzbekistan, China Development Bank, Export-Import Bank of Korea, Korea Trade Insurance Corporation, Gazprombank JSC, Russian Agency for Export Credits and Investments Insurance, Credit Suisse Swiss bank, Japanese banks MUFG, SMBC and Mizuho, international consultants of the project, representatives of the diplomatic corps, as well as companies such as Hyundai Engineering, Hyundai Engineering and Construction of the Republic of Korea, Enter Engineering of Singapore and other companies.
As it was noted, Uzbekistan GTL is one of the largest investment projects not only in the country, but also throughout the region. Its successful implementation will make it possible to transform Uzbekistan into an exporting country of the types of fuel that are in demand on the world market.
At the conference, representatives of financial institutions, Uzbekistan GTL plant and Uzbekneftegaz signed documents on loans and financing.
Such high-tech production will raise the deep processing of hydrocarbons in the oil and gas industry of Uzbekistan to a new level.
According to estimates, the launch of the plant by 2020 will replace up to 1.5 million tons of petroleum products imported into the country with an annual cost of 1 billion USD.
Implementation of Uzbekistan GTL project will contribute to widespread introduction of innovative developments, increasing the experience in development of investments in the sphere of modern technologies.
