Regional Gas Transmission Efficiency Enhancement Project (ADB-52322-001)

Countries
  • Uzbekistan
Where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Uzbekneftegaz
The holder of the loan, grant, or other investment.
Sectors
  • Construction
  • Energy
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Loan
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Loan Amount (USD)
$ 300.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Mar 18, 2019

Disclosed by Bank Mar 10, 2019


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Project Description

According to Bank documents, this project provides financing aimed at improving Uzbekistan's gas export transmission and strengthening the reliability of the gas transmission infrastructure. Components include:

  • Upgrading Uzbekistan's gas transmission network
  • Enhancing Uzbekneftegaz's operation and maintenance practice
  • Strengthening Uzbekneftegaz's corporate management

This project has been rated as high-risk or Category A for the Environment, medium-risk or Category B for Involuntary Resettlement, and low-risk or Category C for Indigenous Peoples.

Investment Description
  • Asian Development Bank (ADB)
Private Actors
Contact Information

Uzbekneftegaz
Uzbekistan, 100047, Tashkent
Yashnabandski rayon, Str.

ACCOUNTABILITY MECHANISM OF ADB
The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main