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Economy
18/05/2010
Uzbekneftegaz, MASDAR discuss issues on strengthening cooperation
Uzbekneftegaz, MASDAR discuss issues on strengthening cooperation
Tashkent, Uzbekistan (UzDaily.com) --
Uzbekneftegaz national holding company and the UAE’s MASDAR held negotiations in Tashkent. The company discussed joint work on decreasing natural gas leakage in Ferghana Valley, the Uzbek company’s press service said.
Representative of MASDAR expressed its interest in participation in new projects within the Clean Development Mechanism (CDM).
MASDAR in cooperation with Uztransgaz plans to realize project Reducing gas leaks in low pressure and medium pressure gas distribution networks in Ferghana Valley. The project is in validation process.
The project will help to reduce gas leakage in gas distribution networks in Ferghana Valley, which unites three regions – Andijan, Ferghana and Namangan.
The project will allow to reduce 1.4 million tonnes of Certified Emission Reductions (CER) every year.
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