[Project Results] Azerbaijan: Shah Deniz Gas Field Expansion This project involves a $500 million direct nonsovereign loan and a $500 million partial credit guarantee with a sovereign guarantee that would help the government to continue the development of one of its largest revenue-generating assets in challenging times globally for oil and gas investments.
New logo highlights open, inclusive CAREC Program under CAREC 2030 The new logo better reflects CAREC’s enhanced mandate to serve as an open and inclusive platform for all stakeholders, including multilateral and bilateral donors, think tanks, private sector, and civil society, among others.
Working together in Central and West Asia The CAREC program has financed roads, railways, and energy infrastructure across Central and West Asia. Its new strategy will build on this success and take the program in new directions.
A sneak peek at CAREC’s new strategy The new strategy is an important milestone and a collective opportunity to unleash the potential of regional cooperation for Central Asia.
Central Asia Knowledge Network: Building Partnerships for Regional Cooperation on Water and Energy Launched as part of the Central Asia Energy-Water Development Program (CAEWDP), the Network seeks to stimulate cooperation and knowledge exchange among local and regional institutions and practitioners in the area of water resource management, energy, and climate change.
Improving Supply, Meeting Increased Energy Demand in Uzbekistan Over the past few decades, the population in the southwestern regions of Uzbekistan has grown rapidly, and with it the number of industrial consumers who receive power from the Talimarjan plant.
Electricity Connects Afghan Village to Wider World Affordable electricity for an isolated community in Daykundi Province has meant the village is being connected to the world through television and mobile phones.
Developing Aktobe Region – Investing in Kazakhstan’s Future Economic Growth An hour and a half flight to the west of the capital Astana brings you to the Aktobe oblast (region) of Kazakhstan – where you will find yourself at the intersection of air, rail, and highway routes leading to Russia, Uzbekistan, and the Caspian Sea.
For Uzbekistan, Energy Efficiency is Smart Economics Uzbekistan is one of the world’s major producers and exporters of natural gas – but it is also one of the world’s most energy-intensive economies.
State-of-the-art Technology Boosts Energy Efficiency, Saves Money at One of Uzbekistan’s Largest Plants Two new high-efficiency combined cycle gas turbines at the Talimarjan power plant in southern Uzbekistan will help modernize the country’s energy infrastructure, free up resources for investment, and produce surplus electricity for export.