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The cheaper and cleaner fuel benefits local businesses as well as the local community
Uzbekistan is a country with an increasingly vibrant business community, which requires a well-developed transport infrastructure to support its growth plans. This requires the expansion of the natural gas filling station network in the country, where natural gas is the preferred choice as a vehicle fuel for private as well as public and municipality vehicles. Natural gas is both cheaper and less polluting than gasoline.
The company ‘Imkon Gaz Servis’ LLC is one of the private companies that expanded its natural gas filling station with the installation of energy efficient equipment. The company is located in a village named Kukdala in the Kashkadarya region in the south of Uzbekistan. Its natural gas refuelling station accommodates the local consumers’ needs. The total project investment amounted to USD 0.63 million. A major part of such a station is the compressor and its auxiliary equipment, which accounts for almost 50% of the investment. In the case of ‘Imkon Gas Servis’, the compressor unit and the auxiliary equipment were financed with a GEFF loan, as the unit installed met the energy performance requirements of the EBRD’s GEFF programme.
The new natural gas refuelling station reduces the gas shortage and the cost of fuel for the local private, public and commercial vehicle owners and it has created additional jobs for the rural population.
The Green Economy Financing Facility in Uzbekistan was developed by the European Bank for Reconstruction and Development (EBRD) and is supported by the EBRD’s Shareholder Special Fund.