New refinery important for Turkmen oil & gas industry: president
Ashgabat, Turkmenistan, Oct. 27
By Huseyn Hasanov – Trend:
Head of the Turkish Ronesans Holding Erman Ilicak has informed Turkmen President Gurbanguly Berdimuhamedov about the construction of a refinery for production of gasoline from natural gas in the Ahal province, the Turkmen government said in a message Oct. 27.
According to the message, while speaking about the importance of the refinery, President Berdimuhamedov said successful implementation of this ambitious project will be an important step in improving Turkmenistan’s oil and gas industry.
Earlier it was reported that the Turkish holding is constructing the refinery together with Japan's Kawasaki Heavy Industries Ltd in Ovadan-Depe town, 30 kilometers away from Ashgabat, the capital of Turkmenistan.
The refinery, equipped with technology of Haldor Topsoe, a Danish company, will annually process 1.785 billion cubic meters of natural gas and produce 600,000 tons of RON-92 gasoline.
The total project cost is $1.700 billion. The project is implemented through investments of Japan and Turkmengas State Concern.