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12:07 / 22.05.2016 977

Uzbekistan to realize investment projects for US$20.6bn

 Uzbekistan plans to realize 38 projects in oil and gas industry with the cost of about US$20.6 billion by 2020, the materials of National holding company Uzbekneftegaz.
According to the company, Uzbekistan intends to implement 14 projects with participation of foreign investments for total sum of US$16.3 billion.

The projects are directed at deepening processing of hydrocarbons, which envisages wide modernization of technical development of the industry.

The projects will be implemented with participation of Russian LUKOIL, South Korean Kogas and GS, Chinese CNPC, South Africa’s Sadol and American Honeywell.

Source:  Uzdaily.com