RIA Novosti reported that the loan will be directed to construction of infrastructure at the fields, including booster stations.

The cost of the project is US$914.2 million. The project envisages construction of fields at Kulbeshkak, Hodjikazgan, Dayahatin, Syuzma, Kumli and Chegarakum.

The group of fields were opened in early 1990s, but were not developed so far.

Development of fields will allow to produce additional 5 billion cubic meters of gas by 2018. Uzbekneftegaz will also direct own resources to implement project along with the FRDU resources.