Uzbekistan Begins Privatization of GTL Plant Built for $3.4 Billion

Uzbekistan has reportedly begun the privatization process for its GTL (Gas-to-Liquids) plant, which was constructed five years ago at a cost of $3.4 billion. Of this amount, $2.3 billion was financed through external loans secured with state guarantees. The company is also reportedly preparing to offer shares through an IPO.

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