The funds will improve the operational structure, corporate governance, and financial management of the country’s electricity transmission company and its subsidiary.

The innovation, once it is brought to fruition, is another radical departure from past practice made possible by the advent of President Shavkat Mirziyoyev’s decidedly secular administration.

The Turkish company cited the breaches of contract and force majeure in its note that had been posted on Istanbul’s Public Disclosure Platform.

The Bukhara oil refinery's current processing capacity is approximately 50,000 barrels a day (bpd).

IsDB has agreed to provide $200 million, while OPEC will allocate $75 million from its Fund for International Development.