THE ENERGY MINISTRY OF UZBEKISTAN, THE ENERGY MINISTRY OF SAUDI ARABIA AND SEVERAL SAUDI COMPANIES SIGNED THREE MAJOR AGREEMENTS WORTH $12 BILLION
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19.08.2022


Kun.uz (18 August 2022)

 

The documents were inked during the state visit of the President of Uzbekistan to the Kingdom of Saudi Arabia, the Ministry of Energy said.

“The agreements will become a platform for developing cooperation in the fuel and energy sector between the two countries. In particular, the Saudi side may invest in the development of green hydrogen in Uzbekistan,” the report says.

The first document is an agreement on the construction of a 1.5 GW wind farm by ACWA Power in Karakalpakstan. It is noted that this project will become the largest wind farm not only in the region, but throughout the world. It is planned that the wind farm capacity will be able to provide electricity to 1.65 million households and offset 2.4 million tons of carbon emissions per year.

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