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Uzbek-Korean JV Signs Contracts to Build Gas-Chemicals Complex in Uzbekistan

1:59 AM MDT | August 24, 2011 | Natasha Alperowicz

A consortium of Korean engineering companies that includes Samsung Engineering, GS Engineering and Hyundai Engineering have signed contracts worth $2.1 billion  with Uzkor Gas Chemical, an Uzbek-Korean joint venture, to build a previously announced gas-chemicals complex in Uzbekistan.   The news came following a visit to Tashkent by Korean president Lee Myung-bak. The project involves the development of the Surgil gas field and the construction of Ustyurt gas-chemical complex, south of the Aral Sea. The gas field is being developed by Uzbeknefegaz...

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