Liq­uid Fuel Takes Shape

Uzbekistan Today (English) - - BUSINESS - Dani­yar Salo­mov

Rus­sian com­pa­nies and fi­nan­cial in­sti­tu­tions in­tend to take part in the construction of a plant for the pro­duc­tion of syn­thetic fuel in Uzbek­istan.

Ac­cord­ing to Peter Frad­kov, Di­rec­tor Gen­eral of the Rus­sian Ex­port Cen­ter, his or­ga­ni­za­tion is con­duct­ing in­ten­sive ne­go­ti­a­tions within the frame­work of the GTL plant construction project on the ba­sis of pu­ri­fied meth­ane pro­duced by the Shur­tan Gas Chem­i­cal Com­plex.

“Rus­sia's par­tic­i­pa­tion in the construction of the Oltin yo'l GTL plant is more than $ 300 mil­lion. We pro­vide in­sur­ance cov­er­age and di­rect credit par­tic­i­pa­tion. Gazprom­bank is also in­ter­ested in this project. The con­trac­tor is the Rus­sian com­pany «Cryo­gen­mash». This is a large in­ter­na­tional project in­volv­ing the Korean and Chi­nese sides,” Frad­kov said.

Ear­lier, the govern­ment of Uzbek­istan, Gazprom­bank and the Rus­sian Ex­port Cen­ter con­cluded a frame­work agree­ment on the joint im­ple­men­ta­tion of in­vest­ment projects in the oil and gas, chem­i­cal, min­ing and met­al­lur­gi­cal sec­tors of the repub­lic. In par­tic­u­lar, we are talk­ing about the or­ga­ni­za­tion of fi­nanc­ing from Gazprom­bank of the GTL project, in­clud­ing fi­nanc­ing the de­liv­ery of a com­plex of air sep­a­ra­tion units of «Cryo­gen­mash» PJSC.

The new plant an­nu­ally plans to process 3.6 bil­lion cu­bic me­ters of nat­u­ral gas and pro­duce about 1.5 mil­lion tons of syn­thetic fuel that meets Euro5 re­quire­ments. Of th­ese, 743 thou­sand tons will be diesel fuel, 311 thou­sand tons - avi­a­tion kerosene, 431 thou­sand tons naph­tha and 21 thou­sand tons - liq­ue­fied gas.

Syn­thetic naph­tha, ob­tained at the new plant, will be sent to the Shur­tan Gas Chem­i­cal Com­plex, lo­cated just a kilo­me­ter away. Here, this prod­uct is planned to pro­duce poly­eth­yl­ene and polypropy­lene of mod­ern brands.

The to­tal cost of the plant construction project ex­ceeds $ 3.6 bil­lion. In ad­di­tion, for the pro­cess­ing of naph­tha, the Shur­tan Gas Chem­i­cal Com­plex will be ex­panded and mod­ern­ized for a to­tal cost of over $ 400 mil­lion.

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