Page 9 - FSUOGM Week 47 2022
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FSUOGM                                PIPELINES & TRANSPORT                                        FSUOGM


       Naftogaz can purchase enough gas




       for Ukraine




        UKRAINE          NAFTOGAZ, Ukraine’s state-owned gas com-  reported.
                         pany, can afford to purchase enough gas for the   With temperatures dropping and Russia
       Canada, Norway and   war-torn country after receiving several financial  targeting Ukraine’s energy and gas-producing
       the EU have also   injections, Ukraine Business News reported on  facilities, Ukraine urgently needs investment
       provided funding   November 23.                        in its energy sector. Currently, Ukraine has
       recently.           Canada previously provided funding that  accumulated 14.6bn cubic metres of gas, which
                         allowed the Ukrainian government to transfer  Sergiy Makogon, CEO of Gas Transmission Sys-
                         UAH12.7bn ($344mn) to Naftogaz for gas pur-  tem Operator of Ukraine (GTSOU), believes is
                         chases this winter. Norway also provided Nafto-  enough to survive a mild winter. However, this
                         gaz with a NOK2bn ($195mn) grant, whilst the  is well below the original goal of 19 bcm of gas.
                         European Bank for Reconstruction and Devel-  With Russia increasing attacks on Ukraine’s
                         opment (EBRD) pledged €300mn.        energy infrastructure, particularly nuclear
                           "The government approved the procedure for  power plants (NPPs), the country needs to mix
                         the use of state budget funds for the procurement  gas and coal to make up for the energy short-
                         of natural gas in 2022-2023. We are talking about  fall. Ukraine has 1.5mn tonnes of coal in its
                         UAH12.7bn that Ukraine previously received  warehouses and Maksym Timchenko, CEO of
                         from the Government of Canada. We transfer it  DTEK, Ukraine’s largest private investor in the
                         to Naftogaz to purchase "blue fuel" in our natural  energy sector, said last month that the country
                         gas storage facilities. This is an extremely impor-  needs 2-2.5 bcm of gas.
                         tant part of preparing to go through this difficult   “Mixing coal and gas allows us to have
                         winter steadily," Prime Minister Denys Shmy-  enough generational capacity for the winter sea-
                         hal said at a government meeting, Ukranews  son,” Timchenko stated. ™





                                             PROJECTS & COMPANIES


       Enter lands EPC deal for Uzbek




       methanol-to-olefins complex





        UZBEKISTAN       UZBEK engineering group Enter Engineering  Wood Group (UK), Topsoe (Denmark), Koch
                         has landed an engineering, procurement and  Industries (US), Chemtex Global Corp. (US),
       The project is one   construction (EPC) contract for Uzbekistan’s  Scientific Design (US), Versalis (Italy), Sino-
       of several aimed at   methanol-to-olefin (MTL) gas chemical com-  pec (China) and Grace Catalysts Technologies
       maximising value from   plex project, the company reported this week.  (US).
       Uzbekistan’s natural   The complex will be on the main facilities at   At full capacity, the MTO will produce
       gas resources.    a newly created free economic zone in Karakul  730,000 tonnes per year (tpy) of olefins, satis-
                         in the Bukhara region. Its owner is Sanoat Ener-  fying domestic demand. Its products include
                         getika Guruhi, Uzbekistan’s largest private oil  polypropylene, low-density polyethylene, ethyl-
                         and gas producer. Enter’s contract, worth $3bn,  ene vinyl acetate and polyethylene terephthalate.
                         covers the design and construction of the facil-  The last three will be produced in the country for
                         ity and the purchase of equipment. The project’s  the first time.
                         completion is anticipated in late 2025.  Uzbekistan is advancing a number of down-
                           Enter has worked on several other key oil and  stream projects in order to add value to its oil and
                         gas projects in Uzbekistan, including the Uzbeki-  gas resources, primarily to substitute imports of
                         stan gas-to-liquids (GTL) plant, the Kandym gas  fuels and petrochemical products. Uzbekistan
                         processing complex and a fuel filling facility in  currently exports gas, but plans to cease overseas
                         Tashkent.                            supplies by the middle of the decade, using that
                           The MTO project involves a number of  gas instead domestically, as an industrial feed-
                         international companies as well, including John  stock and as a source of power. ™



       Week 47   25•November•2022               www. NEWSBASE .com                                              P9
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