BR100 Decreased By (-0.23%)
BR30 Decreased By (-0.01%)
KSE100 Decreased By (-0.19%)
KSE30 Decreased By (-0.24%)
AGHA 7.74 Increased By ▲ 0.05 (0.65%)
BECO 5.29 Decreased By ▼ -0.02 (-0.38%)
BML 60.01 Decreased By ▼ -1.22 (-1.99%)
BOP 36.46 Increased By ▲ 0.46 (1.28%)
CNERGY 11.94 Increased By ▲ 0.69 (6.13%)
CSIL 6.17 No Change ▼ 0.00 (0%)
FCCL 57.36 Increased By ▲ 0.48 (0.84%)
FFL 16.58 Increased By ▲ 0.07 (0.42%)
FNEL 1.20 No Change ▼ 0.00 (0%)
KEL 7.32 Decreased By ▼ -0.10 (-1.35%)
KOSM 6.05 No Change ▼ 0.00 (0%)
LOTCHEM 27.14 Decreased By ▼ -0.06 (-0.22%)
MLCF 102.07 Decreased By ▼ -1.02 (-0.99%)
NBP 206.35 Decreased By ▼ -1.28 (-0.62%)
NCPL 62.62 Increased By ▲ 0.70 (1.13%)
NPL 71.98 Decreased By ▼ -0.20 (-0.28%)
OGDC 319.19 Increased By ▲ 0.70 (0.22%)
PACE 11.38 Increased By ▲ 0.32 (2.89%)
PAEL 43.88 Decreased By ▼ -0.50 (-1.13%)
PIBTL 16.84 Decreased By ▼ -0.06 (-0.36%)
PPL 221.55 Decreased By ▼ -0.93 (-0.42%)
PRL 63.75 Decreased By ▼ -0.06 (-0.09%)
PTC 72.41 Decreased By ▼ -0.75 (-1.03%)
SSGC 27.28 Increased By ▲ 0.03 (0.11%)
TBL 9.86 Decreased By ▼ -0.02 (-0.2%)
TELE 8.62 Decreased By ▼ -0.19 (-2.16%)
TPL 20.68 Increased By ▲ 0.34 (1.67%)
TPLP 14.98 Increased By ▲ 0.01 (0.07%)
TREET 24.10 No Change ▼ 0.00 (0%)
TRG 63.29 Increased By ▲ 0.92 (1.48%)
By

UZGTL PLANT, Qashqadaryo Province, (Uzbekistan): Uzbekistan launched its first gas-to-liquids plant on Saturday, a $3.6-billion project to extract value from domestically produced gas and reduce its dependency on imports of oil products.

The UzGTL plant in the southeastern Qashqadaryo province will produce 1.5 million tonnes a year of synthetic liquid fuels, such as kerosene, diesel, liquefied petroleum gas and naphtha from natural gas, production director Kidirbay Kaypnazarov said.

Speaking at the launch ceremony, Uzbek President Shavkat Mirziyoyev said the plant would refine gas worth $500 million into products valued at $1.5 billion from the first quarter of 2022. It will reach full capacity by the end of next year.

Uzbekistan to launch gas-to-liquids plant within months

“This new innovative technology enables us to increase production of either kerosene or diesel depending on their market prices,” Mirziyoyev said, adding Uzbekistan currently imports oil and gas products worth $1 billion.

The plant will consume 3.6 billion cubic metres of gas per year from the nearby Shurtan gas field and processing plant, where the authorities also on Saturday launched a project to triple output.

Marcel Krause, UzGTL technical director, said South Africa’s Sasol, involved in the construction of the first gas-to-liquids plant in Qatar, was UzGTL’s technology partner alongside U.S. energy major Chevron.

Comments

Comments are closed for this article.