Following the example of Turkmenistan, Uzbekistan set a course for deep processing of natural gas and manufacturing high value added products. Uzbekneftegaz National Company attracts $ 2.3 billion for the investment project to build a plant on production of liquid synthetic fuel (GTL) based on purified methane of Shurtan Gas Chemical Complex.
Experts believe that the GTL plant products will replace their analogues, which are being imported today. Over the year, more than 1 billion dollars of foreign currency funds allocated for the purchase of oil from abroad will be saved. The total cost of a large-scale project is 3.6 billion US dollars. As a result of its implementation by 2020, deep processing of 3.6 billion cubic meters of gas, production of 1.5 million tons of Euro-5 synthetic liquid fuel will be established.
A few such high-tech industries based on GTL technology (gas to liquid) are currently being built in the world. According to the Turkmen media, the gas-chemical complex in Ovadandepe, being built near Ashgabat, is the first large-scale plant in the world for the production of gasoline, corresponding to requirements of Euro-5.
The entry of the enterprise into operation is scheduled for summer 2019. The plant will process 1.8 billion cubic meters of “blue fuel” and to produce 600 thousand tons of gasoline A-92. It is also envisaged to produce 12 thousand tons of diesel fuel and 115 thousand tons of liquefied gas per year.
For transportation of products from Ovadandepe, the Turkmen authorities foresaw the construction and modernization of roads and railways, connecting them with Turkmenbashi International Seaport. Earlier, it was also reported that the total cost of the gasoline production plant project is almost 1.7 billion US dollars. However, the total final cost of the project may increase in view of inflation and other processes associated with the global crisis.
According to experts, the development of technologies for processing natural gas to produce finished products can lead to the fact that over time, gas chemistry production can become a kind of alternative to the export of pipeline gas. Of course, deep processing of natural gas requires significant investments at the initial stage. However, the economic effect of such use of gas resources is higher also.