Key highlights
- NEXTCHEM and Uzkimyosanoat signed an agreement for a carbon capture project in Uzbekistan.
- A Joint Working Group will conduct a feasibility report using NX DecarbTM technology.
- The project aligns with Uzbekistan's recent decarbonization regulations.
- Collaboration may extend to engineering, procurement, and construction phases.
Agreement Overview
NEXTCHEM and Uzkimyosanoat JSC have signed an agreement to explore a carbon capture project in Uzbekistan. This collaboration was announced during the Uzbekistan Economic Day in Brussels, attended by the President of Uzbekistan, H.E. Mr. Shavkat Mirziyoyev.
Project Details
The focus is on developing a carbon capture storage initiative using NEXTCHEM’s NX DecarbTM technology. A Joint Working Group will be established to conduct a feasibility report, aligning with Uzbekistan's recent decarbonization regulations.
Future Collaboration
The agreement may lead to further collaboration involving other companies from the MAIRE group for the Engineering, Procurement, and Construction (EPC) phases, as well as securing financing for the project.
