Ashgabat, Turkmenistan, Apr.3
By Huseyn Hasanov- Trend:
The US Westport Trading Europe Limited company has completed the project of a processing plant for producing paving bitumen at Turkmenistan's Seidi oil refinery, Neutral Turkmenistan newspaper reported.
The design capacity of this plant is designed for processing 118,000 metric tons of fuel oil and 37,200 metric tons of high quality oil bitumen will be produced from it.
The issue related to production of bitumen from Turkmen oil with high percentage of paraffin, was thoroughly studied at the research center of the company for many years, according to the newspaper.
Previously, sources at Turkmen Ministry of Oil and Gas Industry and Mineral Resources said that around $80 million was invested in the project.
Turkmenistan plans to bring the capacity of the oil and gas processing sector to 20 million metric tons of oil in 2020, 22 million metric tons in 2025 and 30 million metric tons in 2030.
Currently, the country produces around 10 million metric tons of oil per year and the significant part of this volume is processed at local refineries.
Edited by SI