AGL 38.20 Increased By ▲ 0.21 (0.55%)
AIRLINK 211.50 Decreased By ▼ -4.03 (-1.87%)
BOP 9.48 Decreased By ▼ -0.32 (-3.27%)
CNERGY 6.52 Decreased By ▼ -0.27 (-3.98%)
DCL 9.00 Decreased By ▼ -0.17 (-1.85%)
DFML 38.23 Decreased By ▼ -0.73 (-1.87%)
DGKC 96.86 Decreased By ▼ -3.39 (-3.38%)
FCCL 36.55 Decreased By ▼ -0.15 (-0.41%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 14.98 Increased By ▲ 0.49 (3.38%)
HUBC 131.00 Decreased By ▼ -3.13 (-2.33%)
HUMNL 13.44 Decreased By ▼ -0.19 (-1.39%)
KEL 5.51 Decreased By ▼ -0.18 (-3.16%)
KOSM 6.87 Decreased By ▼ -0.45 (-6.15%)
MLCF 44.90 Decreased By ▼ -0.97 (-2.11%)
NBP 59.34 Decreased By ▼ -1.94 (-3.17%)
OGDC 230.00 Decreased By ▼ -2.59 (-1.11%)
PAEL 39.20 Decreased By ▼ -1.53 (-3.76%)
PIBTL 8.38 Decreased By ▼ -0.20 (-2.33%)
PPL 200.00 Decreased By ▼ -3.34 (-1.64%)
PRL 39.10 Decreased By ▼ -1.71 (-4.19%)
PTC 27.00 Decreased By ▼ -1.31 (-4.63%)
SEARL 103.32 Decreased By ▼ -5.19 (-4.78%)
TELE 8.40 Decreased By ▼ -0.34 (-3.89%)
TOMCL 35.35 Decreased By ▼ -0.48 (-1.34%)
TPLP 13.46 Decreased By ▼ -0.38 (-2.75%)
TREET 25.30 Increased By ▲ 0.92 (3.77%)
TRG 64.50 Increased By ▲ 3.35 (5.48%)
UNITY 34.90 Increased By ▲ 0.06 (0.17%)
WTL 1.77 Increased By ▲ 0.05 (2.91%)
BR100 12,110 Decreased By -137 (-1.12%)
BR30 37,723 Decreased By -662.1 (-1.72%)
KSE100 112,415 Decreased By -1509.6 (-1.33%)
KSE30 35,508 Decreased By -535.7 (-1.49%)

UZGTL PLANT, Qashqadaryo Province, (Uzbekistan): Uzbekistan launched its first gas-to-liquids plant on Saturday, a $3.6-billion project to extract value from domestically produced gas and reduce its dependency on imports of oil products.

The UzGTL plant in the southeastern Qashqadaryo province will produce 1.5 million tonnes a year of synthetic liquid fuels, such as kerosene, diesel, liquefied petroleum gas and naphtha from natural gas, production director Kidirbay Kaypnazarov said.

Speaking at the launch ceremony, Uzbek President Shavkat Mirziyoyev said the plant would refine gas worth $500 million into products valued at $1.5 billion from the first quarter of 2022. It will reach full capacity by the end of next year.

Uzbekistan to launch gas-to-liquids plant within months

“This new innovative technology enables us to increase production of either kerosene or diesel depending on their market prices,” Mirziyoyev said, adding Uzbekistan currently imports oil and gas products worth $1 billion.

The plant will consume 3.6 billion cubic metres of gas per year from the nearby Shurtan gas field and processing plant, where the authorities also on Saturday launched a project to triple output.

Marcel Krause, UzGTL technical director, said South Africa’s Sasol, involved in the construction of the first gas-to-liquids plant in Qatar, was UzGTL’s technology partner alongside U.S. energy major Chevron.

Comments

Comments are closed.