Economy

Uzbekenergo to construct energy supply objects for Ustyurt GCC

Uzbekenergo to construct energy supply objects for Ustyurt GCC
Uzbekenergo to construct energy supply objects for Ustyurt GCC
Tashkent, Uzbekistan (UzDaily.uz) -- State joint stock company “Uzbekenergo” started construction of energy supply objects of Ustyurt Gas Chemical Complex (GCC) with the cost of US$44.6 million.

RIA Novosti reported that it is planned to construct sub-station with the capacity of 220 kilowatt with two high voltage electricity supply lines – 220 kilovolt line with extension of 138 km and 110 kilovolt line with extension of 18 km. The project will be implemented within a year.

The project will be financed due to own resources of Uzbekenergo and loans of commercial banks.

Currently, Uzbekneftegaz in cooperation with Korean consortium led by Kogas is implementing a project on construction of Ustyurt GCC at the base of Surgil field.

The complex will process 4 billion cubic meters of gas a year and produce 400,000 tonnes of polyethylene and 100,000 tonnes of polypropylene. The project cost is US$4.2 billion. The project implementation will be completed in 2016.

Anvar Umarov
Anvar Umarov

Anvar Umarov is the founder and editor-in-chief of UzDaily, a leading business and news publication covering Uzbekistan and Central Asia. With over 20 years of experience in journalism, he has also worked as a PR manager for both state and private organizations, bringing a broad perspective on media, communications, and public affairs to his editorial leadership.