Uzbekistan, Tashkent, Dec.29 / Trend, D. Azizov /
Uzbekistan will implement a number of projects to upgrade Fergana Oil Refinery in 2012-2014, a source in Uzbek government told Trend on Thursday.
According to the source, at present, feasibility study of several projects on upgrading process lines of oil refining with total estimated cost at $115 million have been prepared.
In early 2012 the oil refinery will begin reconstruction of treatment facilities with the estimated cost of $10 million. After completing the project oil content in waste waters will be maintained at one milligram per liter.
During 2012 the plant also plans to introduce an upgraded technology of oil sludge processing, which will allow increasing capacity for oil sludge processing up to 5,000 tons per year. The cost of this project is $6 million.
The major project - worth $99 million envisages creating additional capacities for oil fraction hydroupgrading, which will allow processing up to 500,000 tons petroleum fractions per year.
The upgrading program will be financed at own funds of Uzbekneftegaz and loans of the Fund for Reconstruction and Development of Uzbekistan.
Fergana Oil Refinery with estimated processing capacity of 5.5 million tons a year was put into operation in 1959. The plant produces about 60 types of oil products.