News about Uzbekistan GTL: events, facts and developments on tafs uz.
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The company expects to reduce the average interest rate from 7.7% to 3.8%. Of the refinanced amount, $840 million relates to Uzbekistan GTL and $260 million to loans of Uzbekneftegaz itself. At the same time, the terms of 41 loans worth $384 million were revised, saving about $18 million.
Aziz KarimovAt a meeting on the development of Kashkadarya region on October 22, President Shavkat Mirziyoyev proposed implementing a $1.5 billion project to produce polymers and petrochemical products based on 430,000 tons of naphtha from the Uzbekistan GTL plant, which is being prepared for privatization. Other projects of the region were also named, along with an instruction to prepare a three-year program worth $20 billion.
Javlon TursunovUzbekistan's Agency for State Asset Management announced the start of the preparatory stage of privatization of the Uzbekistan GTL plant, built at a cost of $3.42 billion, and is considering an IPO, which international investors have shown interest in. The company's financial indicators were not disclosed at the press conference. According to the plant's website, as of June 16, 2026, the remaining principal debt on loans was $838.2 million.
Nilufar Karimova
