Uzbekistan: Kandym new PRG and amendment of existing loan/PRG

Nonsovereign Project | 48208-001 Status: Proposed

The project will construct and operate gas wells, gas collection clusters, gas processing plant, ancillary infrastructure, and other associated facilities in the Kandym gas field in Uzbekistan.

Project Details

Project Officer
Hayato Hoshi Private Sector Operations Department Request for information
Country
  • Uzbekistan
Sector
  • Energy
 
Project Name Kandym new PRG and amendment of existing loan/PRG
Project Number 48208-001
Borrower/Company LUKOIL OVERSEAS UZBEKISTAN
Country Uzbekistan
Location Kandym gas field in the Bukhara-Khiva region
Approval Number
Type or Modality of Assistance
Political Risk Guarantee with Govt Guarantee US$ 150.00 million Proposed
Strategic Agendas Environmentally sustainable growth
Inclusive economic growth
Drivers of Change Partnerships
Private sector development
Sector / Subsector

Energy - Energy sector development and institutional reform

Gender Equity and Mainstreaming No gender elements
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Infrastructure Finance Division 1
Responsible ADB Officer Hayato Hoshi
Project Sponsor(s) Lukoil Energy GmbH
Description The project will construct and operate gas wells, gas collection clusters, gas processing plant, ancillary infrastructure, and other associated facilities in the Kandym gas field in Uzbekistan.
Objectives and Scope 1) Development of environmentally safe, technically sound and financially sustainable gas field in Kandym; (2) successful mobilization of large-scale co-financing from foreign commercial banks and (3) increased local employment generation in a relatively poor rural area in the Bukhara-Khiva region.
Linkage to Country/Regional Strategy The project is consistent with ADB''s country partnership strategy (CPS) 2012-2016 and country operations business plan for Uzbekistan, which recognize the critical importance of private sector development and the need for ADB private sector operations to promote export potential and catalyze foreign investment in infrastructure (including energy). The project supports the CPS target of focusing on the upstream and downstream development of Uzebkistan''s natural resources, inclusive of petrochemical and refinery projects, to bolster value-added export products and support petroleum refining and logistics. With a foreign private company sponsoring the project, ADB''s support will further catalyze foreign direct investment to the country in a sector with significant export potential and will promote transparency in natural resource development.

Safeguard Categories

Environment A
Involuntary Resettlement B
Indigenous Peoples C

Summary of Environmental and Social Aspects

Environmental Aspects Effective measures to avoid, minimize or mitigate and compensate for the identified environmental and social impacts have been incorporated in the Environmental Impact Assessment (EIA).
Involuntary Resettlement The area is mostly uninhabited arid desert land. Prior land acquisitions have been in accordance with Safeguard Policy Statement as documented in the ADB social compliance audit report. For any additional land acquisitions, the borrower will screen for involuntary resettlement impacts and follow the Resettlement Framework agreed with ADB.
Indigenous Peoples There are no Indigenous Peoples that will be affected by the project.
Stakeholder Communication, Participation, and Consultation Information disclosure and consultations are conducted in accordance with ADB requirements.

Timetable for assistance design, processing and implementation

Concept Clearance 28 Apr 2014
Due Diligence
Credit Committee Meeting -
Approval -
Last PDS Update 08 Sep 2014

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.

The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.

The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.

In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.

None currently available.

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

None currently available.

Related Publications

None currently available.


The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.

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