Hyundai Engineering has announced on the 28th that it has completed construction of a GTL (Gas-to-Liquid) plant worth $2.62 billion (about 3.1 trillion won) in Uzbekistan.

Hyundai Engineering held a completion ceremony on the 25th (local time). At the ceremony, officials from the Uzbekistan government, including President Shavkat Mirziyoyev, Prime Minister Abdulla Aripov, Energy Minister Alisher Sultanov, and Korean officials, including Hyundai Engineering CEO Kim Chang-hak, attended.

‘GTL’ refers to a technology that chemically reacts to natural gas to produce liquid petroleum products.