Translation. Region: Russian Federation –
Source: People's Republic of China in Russian – People's Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People's Republic of China – State Council News
Tashkent, March 16 (Xinhua) — The World Bank (WB) has approved a $10.6 million grant to Uzbekistan to reduce leaks in its aging gas transportation infrastructure, according to a WB report published Monday.
As noted by the international financial institution, Uzbekistan's gas transportation infrastructure has deteriorated over time due to insufficient investment in maintenance and repairs, leading to gas leaks and financial losses. Without the necessary work, cumulative gas losses are estimated to reach 1.75 billion cubic meters by 2030, equivalent to approximately $228 million in lost revenue.
The project, funded by grants from the World Bank's Associated Petroleum Gas Flaring and Methane Emissions Reduction Trust Fund, will help establish processes to identify and eliminate most leaks in gas transmission networks operated by the state-owned company Uztransgaz.
By 2029, it is planned to prevent approximately 47,500 metric tons of gas leaks annually through repairs. The saved gas will be distributed to consumers and businesses, and the reduced losses will save approximately $18 million annually.
Please note: This information is raw content obtained directly from the source. It represents an accurate account of the source's assertions and does not necessarily reflect the position of MIL-OSI or its clients.