Uzbekistan establishes enterprise to produce equipment for gas filling stations
Uzbekistan, Tashkent, March 28 / Trend D.Azizov /
Chinese CIMC Enric Holding Ltd and the National Holding Company (NHC) Uzbekneftegaz before the end of 2012 plan to establish a joint venture to manufacture equipment for NGV fueling stations, a source in government circles told Trend on Wednesday.
According to the source, the parties have prepared a preliminary feasibility study of the project for the manufacture of equipment (automated systems, fuel supply systems) for the gas filling stations, up to 100 sets per year. Production facilities will be located on the territory of the Navoi free industrial economic zone (FIEZ).
The constituent documents to establish a joint venture on a parity basis will be signed after the approval of the feasibility study in the government in the fourth quarter of this year. Commissioning is scheduled for late 2014.
The project with preliminary cost of $15 million will be financed by the founders of the joint venture.
As previously reported, in 2007, the Uzbek government adopted a program of phased transfer of road transport in Uzbekistan to gas engine fuel.
In particular, across the country it is planned to build 138 gas filling stations with a common reservoir of 708 million cubic meters of compressive gas and 952 gas stations with total capacity of 476,000 tons of liquefied gas.
According to official statistics, is currently working on gas about 15 percent of the total number of registered vehicles.
The capacity of Uzbekneftegaz allows to provide natural gas production of 70 billion cubic meters and liquid hydrocarbons in the amount of eight million tons per year.
In 2011 natural gas production in Uzbekistan decreased by 4.4 percent - to 63.04 billion cubic meters, the production of liquefied hydrocarbon gases by 1.3 percent - up to 276,600 tons.