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ADB approves $240M to help Kazakhstan modernize transport, improve connectivity

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million loan to help Kazakhstan modernize its transport system. Improved transport connectivity will help increase trade links between Kazakhstan and the markets in East Asia, the Caspian Sea region, and further to Europe. The Asian Development Bank (ADB) has approved a $240.3-million

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Petronas, Uzbekneftegaz and Sasol Developing Uzbek Gas-to-Liquids Project

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Malaysia-based Petronas has signed a Heads of Agreement (HOA) with Uzbekistan’s national oil and gas company Uzbekneftegaz (UNG) and Sasol Ltd of South Africa, making further progress on the development and implementation of a proposed Uzbek gas-to-liquids (GTL) project.