Uzbekneftegaz announces tender to modernise Fergana refinery

Uzbekistan, Tashkent, July 17 /Trend D.Azizov/

The National Holding Company (NHC) Uzbekneftegaz is for the fourth time, announcing a tender for the audit and development of a preliminary feasibility study for the modernisation and reconstruction of existing process units of Fergana refinery in order to release petroleum products that meet the requirements of Euro-3 and above.

Under the terms of the tender, the starting cost of the work is $795,000. The winner must develop ways to optimise existing process units of the plant, as well as schemes to increase the yield of light petroleum products to 95 per cent. Bids will be accepted until August 13, 2012. The tender results will be announced at the end of the third quarter of 2012, followed by a tender to choose the main contractors.

The upgrading is scheduled to begin in 2013. According to preliminary data, it may take about a year. It is assumed that the plant will start producing high-octane gasoline in 2014.

Earlier, tenders for the development of a preliminary feasibility study were announced three times in 2010-2011, but were considered invalid due to lack of competitive bids.

Financing of the project with an estimated cost of $100 million will be implemented from NHC Uzbekneftegaz own funds and through the credits of the Fund for Reconstruction and Development of Uzbekistan.

The Ferghana refinery was commissioned in 1959 and produces about 60 kinds of petroleum products. The design capacity is 5.5 million tons of oil a year.

At the moment, three oil-processing plants - Bukhara, Fergana and Altiarik, deal with oil and gas condensate processing in Uzbekistan.

Bukhara's refinery produces high-quality petrol, air kerosene and diesel fuel. The processing capacity is 2.5 million tons of oil annually. The Fergana and Altiarik plants produce fuel-oil products. Their processing capacity is 5.5 million and 3.2 million tons of oil.

From Jan.1 2010 the import of new and old buses and Lorries with leaded petrol and diesel engines is banned in Uzbekistan. The level of these vehicles toxicity does not correspond to the Euro-3 ecological requirements.

Uzbekneftegaz is a monopoly on the Uzbek oil and gas market. In 2011, it reduced oil and gas production by 5.8 per cent compared to the same period of 2010. Natural gas production declined by 4.4 per cent - to 63.04 billion cubic meters.

Gasoline production fell last year by 6.6 per cent up to 1.308 million tons, kerosene by 11.2 per cent, to 331.3 thousand tons, diesel fuel by 6.5 per cent, to 1.052 million tons, fuel oil by the 13.8 per cent, to 276.6 thousand tons, liquefied hydrocarbon gas by 1.3 per cent, to 258.5 thousand tons and bitumen by 16.9 per cent, to 164.6 thousand tons.

Subscribe to Trend in Google News! Subscribe
Turkmenistan's State Bank for Foreign Economic Affairs opens tender for audit
Turkmenistan's State Bank for Foreign Economic Affairs opens tender for audit
Turkmengaz to purchase material and technical resources via tender
Turkmengaz to purchase material and technical resources via tender
Kazakhstan’s Almaty Power Stations company opens tender to supply stainless steel pipes
Kazakhstan’s Almaty Power Stations company opens tender to supply stainless steel pipes
Loading Bars
Latest
Launch of Baku-Shusha bus route of particular importance for Shusha city - Special Representative of Azerbaijani President
Azerbaijan talks applications received by SMB Development Agency on creating business in liberated lands
Uzbekistan working to establish power supply in Tashkent region
Azerbaijan discloses annual turnover growth of E-PUL payment system for 2021
Price indexes of financial, construction sectors at Uzbek stock exchange fall
Toyota Caucasus becomes member of Business Association of Georgia
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 757 more COVID-19 cases, 302 recoveries
Turkmen livestock complex in Akhal region names volume of production
Uzbek company reveals volume of exports to French Bonduelle
Bank of Georgia supports new tower construction in Tbilisi
Iran’s Bahar Azadi gold coin price continues to rise
Azerbaijan sees growth in local banks' total assets in 2021
Azerbaijan unveils number of businesses affected during second Karabakh war (PHOTO)
Azerbaijan's monetary base increases in 2021
Iran shares value of shrimp exports
Azerbaijan’s Small and Medium Business Development Agency discloses number of start-up certificates issued in 2021
Azerbaijani President Ilham Aliyev sends congratulatory letter to chairperson of Organization of War, Labor and Armed Forces Veterans
Central Bank of Iran shares data on country’s foreign debts
Iran sees increase in liquidity
Azerbaijani Small & Medium Business Dev't Agency talks about its activities in 2021
Serbian deputy PM to visit Azerbaijan
EU regulator set to rule on Pfizer COVID pill by end-Jan, ahead of Merck
Kazakhstan records decrease in annual inflation in December 2021
Low-carbon transition pressures to accelerate in 2022
Iran unveils volume of electricity generated by Esfahan TPP
Capital of Iran’s Bank Mellat soars
Uzbekistan sees increase in newly created enterprises
IOM talks about areas of cooperation with Turkmenistan in 2022
Luxembourg’s SES S.A. continues steps within Kazakhstan’s state program foe economy dev't
Croatia to send three delegations to Azerbaijan
Luxembourg’s SES S.A. to launch satellites to boost internet speed in Kazakhstan
Labour migration from Turkey to Germany slightly increased in 2021
Iran shares data on production capacity of Petrochemical Special Economic Zone
Kazakhstan maintains positive trend in local consumer demand
Kazakhstan’s Samruk-Kazyna Fund preliminarily approves new procurement procedure
Georgia sees growth in residential property price index
Brazil's Embraer wins order for 20 aircraft from U.S. lessor Azorra
Judicial investigation of two Armenian citizens accused of terrorism completed in Azerbaijan
Russia records another 65,109 coronavirus cases
Azerbaijan's BTB Bank announces net profit for 2021
Georgia's hotels to see increase in demand – forecast
People wanted for grave crimes extradited to Azerbaijan - Prosecutor General
India’s imports from China soar to almost $100 bn, led by smartphones, machinery
Uzbekistan reveals structure of foreign trade turnover
Iran reveals COVID-19 data for January 24
Boeing invests $450 mln in flying taxi developer Wisk
Azerbaijan Gymnastics Federation resuming local competitions
German group of companies to construct plant in Uzbekistan
Turkmenistan's Akhal Electric Power Station boosts output rate
Azerbaijani police calls on citizens coming to Shusha to observe security rules
Georgia to provide financial support to senior citizens - PM
India's Infosys confident about more offshoring opportunities
Azerbaijani Defence Minister meets with Finland's MFA delegation (PHOTO)
Turkmen multifilament yarn manufacturer exports to foreign markets
National Bank of Kazakhstan increases base rate
JPMorgan merges EU operations into single German business
Turkmen enterprise reveals output of glass sheets
Turkmenistan's State Bank for Foreign Economic Affairs opens tender for audit
TAP’s technical forward capacity by Jan.30
Azerbaijan - Georgia's top fuel, lubricant supplier in 2021
NEQSOL Holding delivered Strategic HR Business Partner Program for HR professionals
Physical gas flows, nominations at TAP’s interconnections
Progress on iron foundry construction project in Kazakhstan unveiled
Weekly review of Azerbaijani oil market
Georgia’s hazelnuts export value, volume grow
Iran seeks to increase economic ties with Iraq
Iran to put taxes on petrochemical exports revenues
SOCAR Turkey talks on demand for STAR Refinery products
Kazakhstan unveils trade data with its top partners in Americas
First passenger bus from Baku arrives in Azerbaijan’s liberated Shusha (PHOTO/VIDEO)
Electricity generation booming at Iran’s biggest thermal power plant
Azerbaijan to hold auction to place Unibank’s bonds on Baku Stock Exchange
Azerbaijani AFB Bank discloses net profit for 2021
Turkmengaz to purchase material and technical resources via tender
Uzbekistan to support new projects of food producers
Anil Agarwal to set up $10 bn fund to hunt for govt assets
Outbreak alert: members of Georgia's government test positive for COVID-19
Azerbaijan approves agreement on customs co-op with Saudi Arabia
Iran records surge in number of flights via Shahid Beheshti Airport
Visa regime between Azerbaijan and Qatar cancelled
Iran's handmade carpet production declines
Footage of Iranian Minister of Roads and Urban Development arriving in Fuzuli International Airport published (PHOTO)
Uzbekistan to build new power units at its Angren TPP
Georgia’s Batumi City Hall talks loan interest to be paid out to EBRD, KfW
Turkmen Commodity and Raw Materials Exchange reveals trades for Jan. 17 through 22
Iran, Uzbekistan may be implementing eTIR system in pilot mode
Ukraine discloses number of incoming Azerbaijani tourists in 2021
Iran shares data on power generation of Shahid Rajaee TPP
First regular passenger bus from Baku arrives in liberated Aghdam (PHOTO)
Overall index of Tehran Stock Exchange drops
Kazakhstan increases fuel oil production in 10M2021
Uzbekistan to co-op with French Textile Industry Union in light industry
Iran discloses data on tourists visiting country
Azerbaijan to display historical monuments damaged by Armenia in Aghdam (PHOTO)
Bulgarian energy minister to visit Azerbaijan
Netaji Subhas Chandra Bose honoured by Indian Embassy In Germany; exhibition inaugurated
Iran, Belgium review co-op opportunities
Uzbekistan adopts new dev't program for 2022-2024
India's Republic Day 2022: Army troops to don uniforms from different eras, vintage and modern platforms on display
All news