Uztransgaz will attract additional borrowed funds for $257 million

Uztransgaz plans to raise additional $257 million to refinance obligations and update financial statements. The company intends to receive loans of $57.5 million to extend the term of the previous loan and $200 million to replenish working capital and finance investment projects. As part of the Presidential Decree, Uztransgaz must improve its management system and bring financial reporting in line with international standards by 2024.