Business administration

2.3. Investment policy and procedure of investment at example GTL Uzbekistan in Kashkadarya region
Uzbekistan GTL intends to be one of the most advanced energy plants in the world in production of high quality fuels facilitating in the least impact on atmosphere air, to deliver a cleaner transport future and support economic growth and development. Access to affordable energy drives growth and prosperity. In English, OLTIN YO'L means 'Golden Road' and the project will help set Uzbekistan on a golden road to a clean and sustainable energy future, and drive development. Using Uzbekistan's natural gas, Uzbekistan GTL will produce some of the cleanest and most advanced transport fuels in the world – reducing emissions while adding one of the world's most advanced technologies to Uzbekistan's already impressive energy industry. In partnership with Sasol of South Africa, Uzbekneftegaz is delivering one of the most ambitious energy projects in the world today. Uzbekistan GTL will set new standards for fuel performance and demonstrate the exciting opportunities Uzbekistan has. Uzbekistan GTL (Gas-to-Liquids) is a process of converting natural gas into liquid fuel. This process involves the conversion of natural gas molecules into hydrocarbons through a catalytic process. The hydrocarbons produced are then used to create a variety of liquid fuels such as diesel, gasoline, and jet fuel. This process is seen as an attractive alternative to traditional oil and gas extraction methods, as it is more energy efficient and has lower environmental impacts. Uzbekistan has been investing heavily in GTL technology in recent years, and is now one of the world’s leading producers of GTL fuels. On June 29 of this year, the first synthetic GTL diesel product in the history of the oil and gas chemical industry of Uzbekistan was produced at the "Uzbekistan GTL" plant. This event is a new technological stage in the development of modern petrochemical and oil-gas processing industry of the republic. This day is important because the production of synthetic liquid fuel was launched for the first time in Uzbekistan.On the initiative of "Uzbekneftgaz" JSC, a press tour was organized to the "Uzbekistan GTL" plant. Mehriddin Abdullayev, chairman of the board of "Uzbekneftgaz" JSC, said that the production of synthetic fuel products at the "Uzbekistan GTL" plant, which is considered the largest enterprise in the oil and gas industry not only in Uzbekistan, but also in the region, is of great importance in the development of many industries. did lum. The chairman of the board said that GTL products that meet high international standards will be supplied primarily to cover the internal needs of the republic for petroleum products, in particular, diesel fuel and kerosene, as well as liquefied gas, and export because of the high quality of the manufactured products. said that there is a possibility. "Uzbekistan GTL" plant is one of the five most important plants in the world. Here, we have started the production of diesel fuel, which is important for industry and agriculture. Not all countries are involved in this field. The reason is that the process is very complex and sensitive. With the personal initiative of the head of state and the support of the government, we were able to implement this complex process. I must say that diesel products are in high demand all over the world today. However, we plan to meet the needs of the country first. The commissioning of this plant and the start of production will give us a number of advantages in the international community. Already the world's leading banks and large enterprises want to cooperate with us. An offer to support our future projects was also made.Importantly, the main start-up processes of the plant, ensuring the synchronous operation of about 11,000 equipment and production devices, as well as their full control and management, are independently carried out by citizens of Uzbekistan - local engineers and young specialists of the Uzbekistan GTL plant. without the direct participation of foreign experts. The total area of ​​the plant is 135 hectares, four types of fuels are produced at the plant (aviation kerosene, compressed gas, diesel, naphtha). "Uzbekistan GTL" is one of the 5 largest factories in the world. At the ceremonial opening ceremony of the plant, it was announced that in order to carry out the tasks given by the President, students will be fully provided for their internship at the GTL plant. On the other hand, information was also given about the localization of products, components, materials and industrial services necessary for the needs of the Uzbekistan GTL plant, and the establishment of industrial cooperation relations with local enterprises. Let us remind you that the factory produces 3.6 billion per year. cubic meter of natural gas is processed and 1.5 million tons of finished liquid products are produced. Among them, 307,000 tons of aviation kerosene, 724,000 tons of diesel fuel, 437,000 tons of naphtha, and 53,000 tons of liquefied gas are produced. It is planned to produce import-substituting petroleum products and hydrocarbon raw materials with a total value of 1 billion US dollars or more than 12.8 trillion soums per year. Uzbekistan GTL (Gas-to-Liquids) is a process of converting natural gas into liquid fuel. This process involves the conversion of natural gas molecules into hydrocarbons through a catalytic process. The hydrocarbons produced are then used to create a variety of liquid fuels such as diesel, gasoline, and jet fuel. This process is seen as an attractive alternative to traditional oil and gas extraction methods, as it is more energy efficient and has lower environmental impacts. Uzbekistan has been investing heavily in GTL technology in recent years, and is now one of the world’s leading producers of GTL fuels. The GTL project has attracted a wide range of financing options from both public and private sources. The government has provided grants and subsidies to support the project, while private investors have also provided capital. In addition, the government has provided access to low-interest loans from international financial institutions such as the World Bank and the Asian Development Bank. Private investors have also accessed financing through venture capital firms and angel investors.The GTL project has benefited from streamlined administrative procedures that have helped reduce costs and time for businesses operating in the region. Companies have been able to register with the government quickly and easily, and they have been able to access a range of services from local government offices. The government has also established a “one-stop shop” system that allows businesses to access all the services they need in one place. This has helped reduce bureaucracy and administrative costs for businesses operating in the region. The success of the GTL project is a testament to the economic reforms implemented by the government of Uzbekistan, which have created an attractive environment for investment. The government has shown a commitment to creating a supportive regulatory environment and providing access to financing for businesses operating in the region. As a result, the GTL project has become a model for other countries in the region looking to attract foreign direct investment. The GTL project has also helped to improve the lives of local people, creating jobs and providing access to new technologies and services. The project has provided a much-needed boost to the local economy, helping to spur economic growth and development in the region. In addition, the project has been a major contributor to Uzbekistan’s energy security, providing a reliable source of fuel for domestic consumption and export. Finally, the project has also helped to reduce Uzbekistan’s reliance on imported energy sources, further enhancing the country’s energy security.