Uzbekneftegaz works over US$3.6bn gas-chemical projects

The company noted that three project on syntheses of gas and production of polymer products are developed in cooperation with foreign companies.

UzIndoramaGasChemical is planning to construct gas-chemical complex in Kashkadarya region of Uzbekistan by 2015 with the cost of US$2.5 billion soums.

The project envisages production of 500,000 tonnes of polyethylene, 66,300 tonnes of gas condensate and 55,000 tonnes of pyrolized petroleum a year. The project is implemented by Uzbekneftegaz, Indorama Group (Singapore) and CNPC (China).

In 2015, Uzbekneftegaz is planning to organize production of polycarbonate, polystyrene and ABC-plastic with total cost of US$700 million. Its capacity will be 70,000 tonnes of polymers a year. IThe project is developed by S-Oil (South Korea) and Mitsubishi (Japan).

Uzbekneftegaz, IRED (South Korea) and CNPC (China) are working over a project on production of butanediol from gas and methanol. The project development will be completed by the end of 2014.

The project cost is estimated at US$400 million. The project envisages production of spandex on the base of Uzkinyosanoat enterprise.