Tashkent, Uzbekistan (UzDaily.com) - On 7 May, a working group headed by the Chairman of the Board of the Uzbek Republican Commodity and Raw Materials Exchange Ziyoviddin Badriddinov visited the construction site of the GTL plant.
During the visit, the working group got acquainted with the pre-commissioning and commissioning works of the plant's technological units. The main goal of the GTL plant, implemented at the initiative of the President, is to ensure uninterrupted supply of high-quality synthetic fuel products to the domestic market.
The annual production capacity of the GTL plant is more than 750,000 tons of high-quality environmentally friendly synthetic diesel fuel and more than 52,000 tons of liquefied gas, which will be sold through exchange trading on the trading floors of the UzEX.
Within the framework of cooperation between the plant and the Uzbek Commodity Exchange, the leadership of the Uzbek Commodity Exchange and Uzbekneftegaz GTL held negotiations and determined an action plan required to be carried out in the field of selling finished products. An agreement was also reached to expand future cooperation in other areas.
It is worth noting that in order to ensure uninterrupted supplies of finished GTL products to the domestic market, contracts for the storage of synthetic diesel fuel were concluded with 15 oil depots included in the structure of Uzbekneftegaz JSC in all regions of the country.
The synthetic diesel fuel planned for production will be put up for stock exchange trades of the UZEX both directly from the plant and through oil depots throughout the country.
Uzbekneftegaz GTL LLC is actively involved in preparation for the start of sales of finished products.