The location for the new complex and potential investment amounts have not been given.
Tashkent, December 24 - Neftegaz.RU.
Sibur, Gazprom Neft
and Uzbekneftegaz have agreed to cooperate on potential investments in Uzbekistan including a major expansion of Shurtan Gas Chemical Complex (SGCC) and the proposed construction of a new gas chemicals facility, Chemical week analysed.
The cooperation agreements were signed by the 2 Russian companies and Uzbekneftegaz last week during an official visit to Moscow by a delegation from Uzbekistan’s energy ministry.
Three companies will also “consider the possibility of joint implementation of an investment project for the construction of a gas chemical complex based on natural gas resources produced in Uzbekistan with a capacity of up to 3 billion cu m,” Sibur
says. The location for the new complex and potential investment amounts have not been given.
The signed cooperation agreement for the projects includes “the creation of a gas chemical complex using methanol-to-olefins [MTO] technology, and the expansion of the production capacity of the Shurtan Gas Chemical Complex,” siad Uzbekistan’s energy ministry.
The Shurtan complex, operated by Uzbekneftegaz
, currently produces ethylene and more than 134,000 metric tons/year of polyethylene (PE), as well as 116,000 metric tons/year of LPG, 103,000 metric tons/year of gas condensate, and 4.1 billion cu m /year of raw gas.