Sasol, together with partners Uzbekneftegaz and Petronas, have signed an investment agreement with the Minister of Foreign Economic Relations, Investment and Trade for the Uzbekistan government, for the development and implementation of a Gas-to-liquids (GTL) project in Uzbekistan.
Under the investment agreement, the investors and the GTL project will enjoy investment protection and fiscal benefits, to ensure the successful implementation and operation of the GTL facility. The next phase will be the front end engineering and design of the GTL project which will commence before the end of the year 2011 and depending on the final investment decision, the plant will be operational in the second half of this decade.
Under the investment agreement, the investors and the GTL project will enjoy investment protection and fiscal benefits, to ensure the successful implementation and operation of the GTL facility. The next phase will be the front end engineering and design of the GTL project which will commence before the end of the year 2011 and depending on the final investment decision, the plant will be operational in the second half of this decade.
