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Economy 04/05/2024 MUFG Bank Ltd may finance projects of Uzbekneftegaz JSC
MUFG Bank Ltd may finance projects of Uzbekneftegaz JSC

Tashkent, Uzbekistan (UzDaily.com) -- As part of the III Tashkent International Investment Forum, a meeting was held between the management of Uzbekneftegaz JSC and representatives of one of the largest banks in Japan - MUFG Bank Ltd.

During the negotiations, issues of further expansion and improvement of existing cooperation were discussed. In order to finance investment projects and purchases planned for implementation by Uzbekneftegaz JSC, a preliminary agreement was signed with MUFG Bank Ltd.

The document provides for financing by MUFG Bank Ltd for purchases carried out under insurance coverage.

At the end of the meeting, representatives of the Bank of Japan were familiarized with the activities of the Company’s Drilling Control Center, the Modeling Center, the E-Kon field digitalization project and the Central Production Dispatch Service.

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