Jul 23, 2012
Sasol-linked ‘golden road’ GTL project a step closer to fruitionBack
Tashkent|Aviation|Diesel|Gas|PROJECT|Road|Uzbekistan|USD|Gas-to-liquids|Nonrecourse Project Finance|Infrastructure|Uzbekneftegaz|Diesel
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The three project partners, Uzbekneftegaz, Sasol and Petronas, expect to make a final investment decision during the second half of 2013 and are seeking nonrecourse project finance to fund the venture.
Sasol and Uzbekneftegaz each have a 44.5% share in the project, with Petronas having retained the 11% balance.
Envisaged is a 38 000 bl/d facility to produce a combination of GTL diesel and naphtha, as well as kerosene for the aviation sector.
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