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Uzbekistan boosts import of oil bitumen from Russia

Business Materials 23 July 2020 11:57 (UTC +04:00)
Uzbekistan boosts import of oil bitumen from Russia

BAKU, Azerbaijan, July 23

By Ilkin Seyfaddini - Trend:

Russia has significantly increased exports of oil bitumen by rail to Uzbekistan, Trend reports citing Argus agency.

The bulk of bitumen in the first half of the year came to Uzbekistan: shipments in this direction rose to 64,700 tons. In the first half of 2019, Russia exported 300 tons of bitumen to Uzbekistan.

In May 2020, Russian bitumen shipments to Uzbekistan doubled as compared to April 2020 to 13,300 tons.

Meanwhile, Russia produced 2.6 million tons of bitumen, 22.3 percent more than last year, in the first five months of 2020.

The increase in demand for bitumen in Uzbekistan is due to active road construction, the message said.

Dutch Lumidea engineering company will build a plant for the production of asphalt and concrete products in Khiva city in Uzbekistan’s Fergana region, according to the signed agreement in September 2019. Lumidea Engineering will construct an asphalt plant for $15 million.

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