Presentation of joint venture for production of synthetic liquid fuels “Uzbekistan GTL”

On 23th of July in Uzexpocenter took place a presentation of joint venture for production of synthetic liquid fuels “Uzbekistan GTL” - «Oltin yo’l GTL» brand name. Representatives of various companies and establishments participated in the event – Uzbekneftegaz, Sasol (South-African Republic), foreign specialists, ministers and media. During years of its independence Uzbekistan achieved great successes in diversification and modernization of economics, organization and extension of the production of import substitution goods, high tech, competitive and export-oriented economics. In the oil and gas industry theattention is paid not only for extraction and increase of export, but for the increase of production assortment after the produce processing. As the result of the strategy directed toward creation of the complexes specializing in the deep processing of hydrocarbons our country boasts to have a gas and oil industry based on the latest technologies.

“Uzbekneftegas” in partnership with South-African’s “Sasol” and Malaysian “Petronas” realize a big project of building the plant, producing synthetic liquid fuels from the methane supplied by the Shurtan oil and gas complex.

At the presentation Sasol’s president David Constable noted a great attention of Uzbekistan government to the improving of the investment climate and liberalization. He highly estimated the work that Uzbekistan does in order to opening, reconstruction and modernization of the gas and oil industry objects.

Joint venture “Uzbekistan GTL” realizes this project in accordance to all international standards. This plant will be a great addition to the efforts toward the diversification of fuel production on the base of deep processing of the gas.

This project will contribute to the stable development of the Uzbekistan economics and forming of the new generation of specialists in that sphere.

Premier-minister, Sh.Mirziyoev, made speech at the event.  {jcomments on}