Uzbekistan is considering involving South Africa’s Sasol Limited in the development of its gas-chemical sector following talks held in Tashkent on March 15, according to the Ministry of Investment, Industry and Trade.
The meeting brought together Uzbekistan’s Minister of Investment, Industry and Trade, Laziz Kudratov, and Sasol Executive Vice President Dr. Sarushen Pillay. Discussions focused on expanding cooperation in gas-chemical and coal-chemical industries, with both sides expressing interest in joint projects based on the deep processing of natural gas and coal.
According to the ministry, particular attention was given to Sasol’s potential participation in a coal-to-olefins (CTO) project aimed at converting coal into higher-value chemical products. The parties also explored opportunities for technological cooperation in further developing Uzbekistan’s existing gas-to-liquids (GTL) complex, including the possible expansion of production capacity and the introduction of advanced processing technologies.
Officials noted that the dialogue builds on earlier discussions held in Cape Town in February, indicating continued engagement between the two sides.
Founded in 1950, Sasol is an international energy and chemical company operating in more than 20 countries. The company reported revenues of approximately $16.6 billion in 2024 and employs more than 28,000 people worldwide.
As previously reported by The Times of Central Asia, Kazakhstan has also been expanding economic ties with African countries. Trade turnover increased by 15% in 2024 to reach $783 million. Regional officials have highlighted the importance of building partnerships based on mutual economic interests, particularly in sectors such as energy, industry, and technology.
