Uzbekistan puts state owned gas stations under hammer

The Agency for State Asset Management (SAMA) of Uzbekistan has announced the sale of twenty state-owned gas stations, service and other real estate objects. All lots are available for purchase on the electronic trading platform E-Ijro Auksion.

Eight available gas filling compressor stations have licenses to sell compressed natural gas.

“If the buyer meets the requirements of the license, this document will be issued in his name in accordance with the established procedure”, SAMA said in a statement.

A compressed gas station located in the Rishtan district of Ferghana region with a starting price of $342,000, and a vehicle service centre in Nukus at a starting price of $400,000 are among a few objects that will go under the hammer.

Investors are also offered existing and under construction gas stations and service centers located in the Kagan district of the Bukhara region, the city of Karshi of the Kashkadarya region, the city of Navoi and Karmana district of the Navoi region, the Akhangaran district of the Tashkent region, the city of Nukus of the Republic of Karakalpakstan and the city of Urgench of the Khorezm region.

Acording to SAMA, if payments are made in full within one month, a discount equal to the Central Bank's annual refinancing rate is granted.

Uzbekistan unveiled its extensive privatisation programme in October, with some of the country`s largest companies to go either fully or partly private.