Japanese companies implementing gas chemical projects in Turkmenistan
Ashgabat, Turkmenistan, July 20
By Huseyn Hasanov- Trend:
Japanese companies are implementing large gas chemical projects in Turkmenistan, the country's Ministry of Oil and Gas Industry and Mineral Resources said.
A gas chemical complex for producing polyethylene and polypropylene is being constructed in the village of Kiyanly on the Caspian Sea coast.
The project is being implemented jointly with Japan's TOYO Engineering and South Korea's LG International Corporation and Hyundai Engineering Corp. Ltd.
The production capacity of the complex will be 386,000 metric tons of polyethylene and 81,000 metric tons of polypropylene per year.
Moreover, in accordance with the contract signed with Turkmenhimiya state concern, Mitsubishi Corporation (Japan) and Gap Insaat (Turkey) carry out the construction of the plant for carbamide production in the city of Garabogaz in Balkan province. The capacity of the enterprise will be 1.55 million metric tons per year.
A plant for gasoline production from natural gas is being constructed in Ahal province. This large investment project is being implemented jointly with Japan's Kawasaki and Turkey's Ronesans Holding.
The project will be implemented with the investments of the Japanese side and funds of Turkmengaz state concern.
It is planned to commission the plant in 2018.
"By focusing on a deeper and more complex processing of natural gas, increasing the export of its products, Turkmenistan will significantly expand its position not only in the market of primary energy resources such as natural gas and crude oil, but also take a worthy place in a more profitable market of gas chemical products, " said the ministry.
Edited by CN