44944-014: UZB: SURGIL NATURAL GAS CHEMICALS

Project Data Sheet (PDS): Overview


Description

The $4 billion project is a strategic investment partnership between Uzbekistan and Korean companies, following cooperative targets set by the governments of Korea and Uzbekistan in 2006. The project includes developing 2,300 kilotons per annum (KTPA) gas production wells, constructing product pipeline and delivery infrastructure, and constructing a gas separation plant and chemical complex. The gas/chemical plant will produce 1,700 KTPA of natural gas for sale in the domestic market, and 380 KTPA of high density polyethylene and 80 KTPA of polypropylene for sale in the export market. Read More

Country Uzbekistan
Borrower/Equity Investment Name UZ-KOR GAS CHEMICAL LLC
Project Number 44944-014
Project Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Numbers 7351
Approval Date 17 Jan 2012
Closing Date 30 Jun 2016
Geographical Location Uzbekistan
Sector / Subsector Classification Industry and trade
/ Large and Medium Industries
Thematic Classification Economic growth
Private sector development
Safeguard Categories Environment: A
Resettlement: B
Indigenous People: C

 

 

Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.

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Project Data Sheets (PDS)

Responsible ADB Officer
Thomas M. Minnich
Email contact

Responsible ADB Department
Private Sector Operations Department

Responsible ADB Divisions
Infrastructure Finance Division 1

PDS Creation Date
11 Aug 2011

Last PDS Update
23 Sep 2013

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