Malaysian hydrocarbon firm Petronas, together with Saudi  major Delta Oil, will build a $500 million gas processing plant in Uzbekistan, the Uzbekistan Daily web site UzDaily.com reported on Thursday.

The plant will be located in the Surkhandarya region, and will process gas received from the Gadjak gas field, as well as two other unspecified fields in the same region.

The gas processing plant, when completed in 2014, is expected to process 4 billion cubic meters of gas per year. The plant will begin processing gas in 2012.

The construction on the plant will be undertaken during construction on the Baisun investment block. Petronas last year signed a deal with the Uzbek government to jointly develop the gas block.

Last month, Petronas and Delta Oil agreed to form a consortium on developing Uzbek fuel resources as part of a production-sharing agreement (PSA).