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Rig for bitumen production commissioned at refinery in Turkmenistan

Business Materials 18 February 2015 16:14 (UTC +04:00)
Westport Trading Europe Limited (USA) Company has commissioned a rig for the production of bitumen at the Seydi oil refinery in Turkmenistan
Rig for bitumen production commissioned at refinery in Turkmenistan

Ashgabat, Turkmenistan, Feb.18

By Huseyn Hasanov- Trend:

Westport Trading Europe Limited (USA) Company has commissioned a rig for the production of bitumen at the Seydi oil refinery in Turkmenistan, the newspaper Neutral Turkmenistan said.

"The design capacity of the production is provided for processing of 118,000 metric tons of fuel oil in the year, from which 37,200 metric tons of high quality petroleum bitumen will be produced annually," the newspaper said.

The publication said that it is the first rig for Turkmenistan, the work of which is based on the process of viscosity breaking of oil raw materials which makes it possible to process heavy oil residues.

Enabling viscosity breaking will increase the volume of bitumen produced at the plant and increase the depth of oil refining, Neutral Turkmenistan said.

Seydi refinery has two of its own terminals - Pelvert oil terminal and a terminal for receiving, storage and sale of oil products in the city of Atamyrat.

Another terminal with a capacity of 540,000 metric tons of oil products per year is being constructed at the Ymamnazar customs point, which is located in the southeast of the Lebap region of Turkmenistan.

Sources in the ministry of oil and mineral resources of Turkmenistan previously told Trend that about $ 80 million was invested in the project.

Turkmenistan plans to bring the power of the oil refining industry to 20 million metric tons of oil in 2020, to 22 million metric tons in 2025, to 30 million metric tons of oil in 2030.

Turkmenistan currently produces about 10 million metric tons of oil, most part of which is processed at local refineries.

Edited by CN

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