President of Uzbekistan signed a resolution in early May to approve realization of the project and participation of Zeromax in its implementation. Zeromax won a tender on construction of utility at Mubarek Gas Processing Plant in early 2009.

The construction works will take place 18 months and it will be commissioned in the fourth quarter of 2010.

The cost of the project is US$220.7 million. It is financed due to own resources of Uzbekneftegaz for US$30.3 million, credit resources of Fund for Reconstructin and Development of Uzbekistan for US$55.4 million, credit of local commercial banks for US$50 million and loan of China Development Bank for US$85 million.

The capacity of utility will be 258,000 tonnes of liquid gas and 125,000 tonnes of gas condensate per year.