World's first plant to manufacture synthetic fuel from gas opens in Turkmenistan (PHOTO)

World's first plant to manufacture synthetic fuel from gas opens in Turkmenistan (PHOTO)

Ashgabat, Turkmenistan, June 28

By Vugar Imanov - Trend:

Opening ceremony of the plant to be the first in the world to produce synthetic fuel from natural gas on an industrial scale was held in Ovadandepe settlement of Turkmenistan’s Ahal province, Trend correspondent reported from the scene.

Before the ceremony, a solemn meeting was held with the participation of President of Turkmenistan Gurbanguly Berdimuhamedov, prominent public figures, businessmen, representatives of diplomatic missions and mass media, and foreign guests in the Mizan business center.

In his speech, President Berdimuhamedov emphasized the rapid economic growth of the country, which has become an influential player in the regional market.

The president spoke about mutually beneficial cooperation with other countries and companies, the influx of foreign investments, the introduction of the most advanced technologies, the creation of transport corridors, new directions of industrial development and the new stage of the market reforms.

"Turkmenistan’s economic model is built up taking into account the best international experience, based on the state and national interests, tasks of regional and global sustainable development,” the president said. “Therefore, our country has proved itself as a reliable and responsible partner in all spheres of cooperation.”

“Besides the available huge raw materials reserves, Turkmenistan is attracting foreign businessmen as a country with great prospects as an influential player in the regional market,” he said. “Turkmenistan has the highest GDP growth rate in Central Asia and one of the highest GDP growth rates worldwide; the country's active integration into the system of the world economic relations through the creation of transit-transport corridors and new growth points in innovation and industrial sphere testify to that."

The president emphasized the importance of the “open door” policy being pursued by Turkmenistan, which is the main condition for the new upswing in the country's economy, strengthening its competitiveness, building reputation as a worthy partner and diplomatic authority of an independent neutral country on the world stage.

"Presently, the world is experiencing the fourth industrial revolution,” the president said. “Turkmenistan is involved in this process through the exchange of technologies and know-how, creation of high-tech production, introduction of intellectual systems and digital transformation of all sectors of the economy.”

“After the transition to the digital economy, a new stage begins, which includes industrialization of the country, market and structural reforms, the diversification of the processing industries and the strengthening of Turkmenistan’s role as a country exporting the products from textile goods to gas chemical products,” he said.

President of Turkmenistan Gurbanguly Berdimuhamedov stressed that the implementation of this large-scale project - the commissioning of a new gas chemical complex - will expand Turkmenistan’s export opportunities.

“There is the necessary infrastructure for the supply of products of the plant abroad,” he added. “It includes ighways, railways and Turkmenbashi seaport to Europe. Several European countries are already interested in new products.”

“While implementing this unprecedented project, we are creating the prerequisites for our country to become one of the centers of growth for the whole global green economy, focused on the future,” the president said. “The state program envisages the construction of a number of gas chemical complexes and plants. The new projects of innovative enterprises, specializing in the deep processing of natural gas and the production of products which are in demand in the world markets were also developed within the state program. The facilities of social importance, which will lead to further improvement of the welfare of people, will be built."

Foreign guests including Japanese State Minister of Economy, Trade and Industry Yoshihiko Isozaki an Director of Foreign Affairs Department of the Liberal Democratic Party of Japan, Chairman of the Secretariat for the Turkmen-Japanese Inter-Parliamentary Friendship Group Shimpei Matsushita delivered speeches at the ceremony and highlighted the importance of the project.

The video footage about Turkmenistan’s oil and gas industry was demonstrated to the guests.

Along with the solemn event, the ceremony of awarding a number of prestigious certificates to the plant for the production of gasoline from natural gas was also held.

Guinness World Records company delivered the certificate “The world's first plant producing gasoline from natural gas”, the US Environmental Protection Fund presented “Eco-friendly” certificate and the Swiss Federal Institute of Technology awarded “Innovative Technologies” certificate.

From the Mizan business center situated in Ashgabat, the president and other participants of the ceremony went to the site of the plant for the production of synthetic gasoline from natural gas, built in Ahal province. The footage of the opening ceremony of the complex was demonstrated to the guests.

The modern equipment has been installed and advanced technologies of the leading manufacturers from the US, UK, France, the Netherlands, Sweden, Japan, Korea, India and other countries have been introduced at this gas-chemical complex. This gas-chemical complex is unique in a number of indices. For the first time in the world practice, natural gas will be processed into liquid fuel on an industrial scale at this plant.

Turkmenistan ensures its energy security taking into account the environmental issues. Today, the plant in Ovadandepe settlement is the only plant in the world that produces environmentally friendly synthetic gasoline from natural gas. According to its characteristics, Turkmen synthetic gasoline differs from ordinary gasoline obtained from oil. The new product has no sulfur compounds and nitrogen-containing organic compounds that are harmful to the environment.

The GTG (Gas to gasoline) project based on the TIGAS technology of the Danish company Haldor Topsоe allows producing high quality gasoline with minimal energy consumption and environmental impact. The plant will annually process 1.78 billion cubic meters of gas into 600,000 tons of ECO-93 gasoline, 12,000 tons of purified diesel fuel and 115,000 tons of liquefied gas. About 800 people will work there. The first 60 tons will be supplied to Afghanistan as humanitarian aid.

The foundation of the gas chemical complex in Ovadandepe was laid on August 26, 2014. President Berdimuhamedov attended the foundation laying ceremony. The plant was built in accordance with the agreement between the Turkmengas State Concern and the Japanese-Turkish consortium consisting of Kawasaki Heavy Industries, Ltd and Ronesans Endustri Tesisleri Insaat Sanayi ve Ticaret A.S. The project is worth about $1.7 billion.

Subscribe to Trend in Google News! Subscribe
Iran stresses need for long-term cooperation with Kyrgyzstan
Iran stresses need for long-term cooperation with Kyrgyzstan
Flights from Iran’s Abadan International Airport increasing
Flights from Iran’s Abadan International Airport increasing
Iran’s Bahar Azadi gold coin price continues to rise
Iran’s Bahar Azadi gold coin price continues to rise
Loading Bars
Omicron cases in UK rise by 50 pct in one day
Twelve Niger soldiers killed in clashes with militants
China donates Sinopharm COVID-19 vaccines to Somalia
Cases of Omicron variant rise to 11 in Israel
Fire rages on cargo ship carrying timber off Sweden
Germany plans to make vaccination compulsory for some jobs
Number of Turkish citizens seeking job in Georgia notably grows
German companies sign contracts with Azerbaijan in railway construction
Erdogan-Al Thani meeting to boost Turkey-Qatar ties: Ambassador
Myanmar court to give first rulings in Suu Kyi trial
Erdogan to chair Turkey-Qatar Supreme Strategic Committee in Doha
Iran stresses need for long-term cooperation with Kyrgyzstan
35.6% of Georgian adult population fully vaccinated
Indonesia Semeru volcanic eruption kills 14; dozens injured
Three skiers killed and two injured in Austria avalanche
Uzbekistan shares data on interest expenses of banking sector
Flights from Iran’s Abadan International Airport increasing
Germany's Free Democrats back coalition agreement
Arab Coalition destroys 14 vehicles, kills more than 115 Houthis
Iran’s Bahar Azadi gold coin price continues to rise
Kyrgyz Cabinet aims to increase share of electric vehicles in country
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,394 more COVID-19 cases, 1,791 recoveries
Kazakhstan increases petroleum oil exports to France
Volume of cargo loaded/unloaded in Iran’s Bandar Lengeh port decreases
Iran boosts aluminum ingots production
COVID-19: 11 areas of Kazakhstan in ‘green zone’
Cargo train services launch between Georgia, China
Iran reveals COVID-19 data for December 5
Turkey, Italy work together for regional peace, stability: FM
Tripartite deal to solve main part of Iran’s gas problem - Chief of Staff of Iranian President
Oil production on Turkmen Cheleken peninsula exceeds planned volume
State Customs Committee discloses TOP-5 trade partners of Azerbaijan
State Customs Committee reveals trade turnover between Azerbaijan and China
Azerbaijani Defense Ministry presents weekly review (VIDEO)
Georgia reports 3,410 coronavirus cases, 4,732 recoveries, 46 deaths
At least 14 civilians mistakenly killed by Indian forces in remote northeast
Iranian currency rates for December 5
Kyrgyzstan confirms 42 new COVID-19 cases
New Year budget to depend on activities’ scale - Tbilisi Mayor
Iran’s SPGC shares data on production of its fifth refinery
Baku International Sea Trade Port unveils cargo transshipment for 10M2021
Pakistan receives $3 billion loan from Saudi Arabia
VISA open to co-op with all key players in Azerbaijan’s transport sector (Exclusive)
6.1-magnitude earthquake rattles southern Philippines
Soyuz-ST-B with 2 Galileo satellites launched from Kourou spaceport
Dutch former queen Beatrix tests positive for COVID-19
10 mln French have received COVID-19 booster shots: minister
Iran abandoned any compromises in latest nuclear talks - U.S.
Chile reports first case of Omicron variant
White House confirms plans of holding video call between Biden and Putin on December 7
Vienna talks on Iran nuclear deal to resume next week - Russian Foreign Ministry
1 killed, 40 injured following volcanic eruption in Indonesia
Body of another Armenian serviceman found in Azerbaijan's Khojavand
Bitcoin tumbles 9.95% to $48,397.56
Passenger transportation via Iran's Kermanshah International Airport declines
UK records another 42,848 coronavirus cases
Explosion occurred near Iran's nuclear facility
Azerbaijan hands over to Armenia body of saboteur neutralized in attack on Azerbaijani serviceman in Khojavand
Azerbaijan talks entreprises to be commissioned at Aghdam Industrial Park
Major terrorist attack against rally with Erdogan's participation prevented in Turkey
Great number of EU, NATO countries interested in Turkish drones - Cavushoglu
Georgian PM meets with President of FIBA Europe
OSCE MG ready to host meeting between Azerbaijani and Armenian FMs
Value of Azerbaijan's export to US surges for 10M2021
Prices on several main food products in Kazakhstan continue to lower
Agrarian sector of ‘smart village’ in Azerbaijan’s Zangilan to be combined modern urban planning – minister
Azerbaijan discloses project cost of agropark in Yevlakh (PHOTO)
Buy/sell operations at Iran Mercantile Exchange down
Saudi Arabia, France agree to strengthen cooperation
Biden, Putin to hold video call on Tuesday
India, Australia are natural economic partners, says Tony Abbott
Azerbaijan receives mine maps of its territories liberated from Armenian occupation
Erdogan discusses humanitarian aid with Red Crescent, Red Cross
Uzbekistan intends to increase dried fruit exports to China
No Omicron strain detected in Georgia - NCDC Head
Aligarh’s Areeba shoots to fame, breaks stereotypes about Muslim girls
Iran’s Bahar Azadi gold coin price skyrockets
Azerbaijan shares data on number of vaccinated citizens
Azerbaijan confirms 1,406 more COVID-19 cases, 1,787 recoveries
Tactical exercises held in Azerbaijan's commando military unit - MoD (PHOTO/VIDEO)
New composition of Supervisory Board of Azerbaijan Industrial Corporation approved
Iran reveals COVID-19 data for December 4
President Ilham Aliyev sends congratulations to heads of Thailand, Finland
France, Europeans working to open joint mission in Afghanistan - Macron
Ranking of natural gas importers from Azerbaijan
Uzbek Commodity and Raw Materials Exchange reveals volume of its transactions
SOCAR Georgia Gas announces tender on gas stations restoration
Iran eyes increase in passenger transportation via Yazd Shahid Sadooghi Airport
Azerbaijan reveals oil exports to Canada in 10M2021
Weekly review of main events in Azerbaijan's transport sector
Turkmenistan’s president approves anti-crisis program for 2022
Azerbaijan’s liberated territories have high potential for solar energy - RES agency
Weekly review of key events in Azerbaijan's ICT sector
Russian company to help automate, digitalize processes in Uzbek energy sector
Iran reaches increase in load/unload operations in Shahid Bahonar port
Top 10 Azerbaijani oil importers
MFA reveals reason why Armenia-Azerbaijan ministerial meeting didn't take place
Kazakhstan talks construction of wind power plants in Kostanay region
Azerbaijan achieves practical results to restore hydropower plants in liberated lands - agency's CEO
All news