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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 The kerosene and diesel will be off-taken by Uzbekneftegaz under a long term off-take agreement at international linked prices; fuel products will be sold mainly to the domestic market, while naphtha will be exported to downstream refiners.
Fossil fuels still represent 90 percent of Azerbaijans exports and up to 50 percent of its GDP, according to the International Energy Agency. A 2022 road map from the World Bank, the InternationalFinance Corp., Uzbekistan has built solar and wind plants totaling 3.5
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