Baku, Azerbaijan, Sept. 13
Trend:
Swiss bank Credit Suisse is considering the possibility of financing oil and gas projects in Uzbekistan, Uzbek media reported citing the national company Uzbekneftegaz Sept. 13.
Representatives of Credit Suisse stressed their particular interest in financing investment projects in Uzbekistan, designed for long-term cooperation.
Credit Suisse and Uzbekneftegaz have agreed on joint consideration of the possibility of financing investment projects to expand the production capacities of the Shurtan Gas Chemical Complex and build a new oil refinery complex.
Earlier, Uzbekistan had attracted McKinsey and BCG to develop the chemical, oil and gas industries, the World Bank Group to reform the aviation market and J.P. Morgan to release the first Eurobonds in its history.
Credit Suisse is one of the largest Swiss financial conglomerates, established in 1856. Its market capitalization as of February 2016 was $25 billion.