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Turkmenistan eyes to increase export of oil, gas chemical products

Oil&Gas Materials 27 September 2017 11:59 (UTC +04:00)

Ashgabat, Turkmenistan, Sept. 27

By Huseyn Hasanov– Trend:

President of Turkmenistan Gurbanguly Berdimuhamedov noted at a government meeting that the country’s fuel and energy complex is given the task to increase volumes of production of a wide range of oil and gas chemical products and their export to global markets, the Turkmenistan State News Agency reported Sept. 27.

In this regard, the Turkmen president gave a number of specific instructions on the further implementation of the “Program for the development of oil and gas industry of Turkmenistan until 2030.”

He also instructed to intensify work in the field of modernization and diversification of the oil and gas industry, widespread introduction of advanced technologies, as well as scientific and technical solutions.

It should be noted that the construction of a gas chemical complex for the production of polyethylene and polypropylene and a plant for the production of high-quality gasoline from natural gas is currently underway in Turkmenistan.

The gas chemical complex in the Kiyanli settlement (Balkan Region, Turkmenistan) is planned to be commissioned in 2018. The plant is designed to process five billion cubic meters of gas and produce 386,000 tons of polyethylene and 81,000 tons of polypropylene per year. The project is being implemented by South Korea’s LG and Hyundai together with Japan’s Toyo Engineering Corporation. Total cost of the project is more than $3.4 billion.

Meanwhile, a plant for the production of gasoline from natural gas is being built in Ovadandepe (Ahal Region). This project is being implemented by a consortium of companies Kawasaki Heavy Industries, Ltd. (Japan) and Ronesans Endustri Tesisleri Insaat Sanayi ve Ticaret A.S. (Turkey).

The enterprise is planned to be commissioned in 2018. Plant will annually produce 600,000 tons of RON 92 gasoline, which meets Euro-5 requirements, 12,000 tons of diesel fuel and 115,000 tons of liquefied gas. Total cost of the project is almost $1.7 billion.

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