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Uzbekneftegaz reveals worth of products production for 2020

Oil&Gas Materials 20 October 2020 10:23 (UTC +04:00)
Uzbekneftegaz reveals worth of products production for 2020

BAKU, Azerbaijan, Oct. 20

By Klavdiya Romakayeva - Trend:

By the end of 2020, Uzbekneftegaz plans to manufacture products for 1,250 billion soums ($120 million), Trend reports with reference to Uzbekneftegaz.

This year, Uzbekneftegaz JSC has achieved significant results in the production of localized products, reducing imports, and establishing cooperation ties with industry and regional enterprises.

Within the framework of the localization program, products worth 959.4 billion soums ($92.5 million) (75.5 percent of the plan) were produced, which is 830.1 billion soums ($80 million) more than in the same period last year. By the end of 2020, production is expected to amount to 1,250 billion soums ($120 million) (45.6 percent to the plan).

According to the program, 13 types of new products were mastered, and products worth 687.9 billion soums ($66.3 million) were sold during the reporting period. Of them, products were exported for the amount of $3.14 million.

In April this year, on the basis of the Bukhara oil refinery, projects were launched to increase the production capacity of Euro 4-5 diesel fuel, and in August, at the Mubarek gas processing plant, to increase the capacity of liquefied gas production.

In 2021, within the framework of 20 projects, Uzbekneftegaz plans to manufacture products for 3,076.8 billion soums ($297 million).

As part of the program to meet the demand for import-substituting domestic goods and reduce imports, imports in the amount of $214.6 million were covered. This was achieved due to the implementation of the program plan by 12.3 percent, including $187.8 million - due to localization and $26.9 million - due to the establishment of intersectoral cooperation ties.

Uzbekneftegaz and local producers signed 1,540 contracts worth 522.4 billion soums ($50.4 million) through the Single portal of electronic cooperation to expand intersectoral cooperation ties, to gradually reduce the demand for imported products. The purchased products and services cover 12 regions of the country and include more than 200 business entities.

In particular, from April through July, the products of Global Chem Reagent LLC underwent industrial pilot testing of a corrosion inhibitor chemical reagent in the wells of the Mubarek Oil and Gas Production Directorate and a complex gas treatment plant, as well as at the Urtabulak-MGPZ gas pipeline.

Chilon Lubricants LLC has developed a synthetic oil of the Chilon NVI S 680 brand for gearboxes. In July, Uz-Kor Gas Chemical Joint Venture revealed the compliance of this domestic oil with the parameters of an imported one.

From May through June of this year, Shturval LLC conducted pilot tests of local production of activated carbon at the Mubarek gas processing plant and received a positive result.

Local zeolites of the NaA brand produced by Shturval LLC are currently being tested in the laboratory of the UzNIIHF research institute. According to the positive test results, industrial experiments are planned in November.

Also, work is underway to develop oil and gas equipment by Hidro Stanco Servivis LLC, Floread liquid, and vapor meters by Standard Pribor LLC, High Flow filters by Jizzakh Him Plast JV LLC, CaA zeolite by Shturval LLC.

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Follow the author on Twitter: @romakayeva

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