SAR, Uzbekistan sign agreement to produce synthetic fuel

The South African Republic and Uzbekistan have signed an agreement to construct a plant for synthetic fuel production worth US$2.5 billion, the South African Press Association (SAPA) news agency said. According to SAPA, the two sides will set up a joint venture with the participation of Uzbekistan’s petroleum company Uzbekneftegaz, Malaysia’s Petronas and South African Sasol. Proceeding from the agreement, they will build a plant for refining natural gas into synthetic gasoline in Central Asia. (November 6, 2009)