UKEF intends to participate in projects of Uzbekneftegaz
26/09/2018 16:36
UKEF intends to participate in projects of Uzbekneftegaz
26/09/2018 16:36
Tashkent, Uzbekistan (UzDaily.com) -- Chief Executive Officer of the British Export Finance Agency (UKEF), Mr. Louis Taylor, held talks at Uzbekneftegaz.
Fund for Reconstruction and Development of the Republic of Uzbekistan, Uzbekneftegaz and the British Export Finance Agency (UKEF) signed a Memorandum on the financing of investment projects in the oil and gas industry in Uzbekistan worth 1.25 billion pounds.
The signing took place in April 2018 in the capital of Great Britain, the city of London, within the framework of the first British-Uzbek energy forum.
The current meeting is aimed at discussing concrete steps for the participation of UKEF in financing investment projects implemented by Uzbekneftegaz, the Uzbek company’s press service said.
Representatives of the British side were given broad information about the activities of Uzbekneftegaz, investment projects implemented in the oil and gas industry, as well as reforms conducted in the industry and the country as a whole.
A detailed talk was also held about the main conditions for granting financing from the British agency UKEF.
In addition, representatives of the UKEF have been offered a broader participation in the implementation of investment projects - not only financing, but also the search for British suppliers of the most modern necessary equipment and services.
The parties noted a high degree of understanding of the commonality of the goals and objectives of the cooperation and agreed on the next steps to implement joint plans.
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