Page 14 - FSUOGM Week 25 2022

FSUOGM PROJECTS & COMPANIES FSUOGM

Uzbekistan's GTL complex produces first

synthetic oil

UZBEKISTAN UZBEKISTAN’S recently commissioned state- engineers and other workers. Very soon we will
of-the-art gas-to-liquids (GTL) plant in Qashqa- be generating products which will reduce our
At full capacity, the daryo Region has launched its initial production nation’s reliance on imports and contributing
plant will produce over of synthetic oil. to a major new development of our petrochem-
1.5mn tonnes per year "The fluid is currently being stored in the icals industry.”
of synthetic fuels. massive complex’s intermediate storage tank When fully operational, the plant will pro-
awaiting refinement and processing into die- duce over 1.5mn tonnes of high quality, environ-
sel fuel, aviation fuel, kerosene, naphtha and mentally friendly synthetic liquid fuel annually,
LPG, expected to begin soon," Uzbekistan GTL under the brand name Oltin Yo'l GTL (Golden
(UzGTL) said in a press release. Way GTL).
Officials said that synthesis gas began flowing The $3.4bn UzGTL complex was officially
on the night of June 14 and was then piped into opened by Uzbek President Shavkat Mirziyoyev
the plant’s Fischer-Tropsch reactors, leading to last December.
the first synthesised fluid on June 15. Laboratory Besides producing cleaner fuels including
testing was said to have shown the oil to be in full synthetic kerosene, diesel, aviation jet fuel and
compliance with production standards. LPG for the transport and aviation sectors,
UzGTL CEO Fakhritdin Abdurasulov, the plant will also supply synthetic naphtha to
said: “This is an exciting moment for Uzbek- Shurtan Gas Chemical Complex, which will be
istan GTL and our team of 1,300 specialists, expanded in the near future. ™

Gazprom Neft lands rights to eight Taymyr

exploration licences

RUSSIA SUBSIDIARIES of Russia’s Gazprom Neft have Taymyr as part of its Vostok Oil project. In early
received licences for exploration rights for eight February, the company said it had drilled three
Gazprom Neft has been blocks on the Taymyr Peninsula in the Russian exploration wells in Taymyr in 2021, and was due
steadily building up Arctic, the company reported last week. to drill eight more.
its resource base on Rights to the Taimyrsky-1, Taimyrsky-2 and The fate of Vostok Oil is now seen as up in
Taymyr since 2019. Taimyrsky-7 will pass to Gazpromneft-Angara, the air, after commodities trader Trafigura
while the Taimyrsky-5 and Taimyrsky-6 will announced in the wake of Moscow’s war in
be transferred to Gazprom Neft-Orenburg. Ukraine that it was exiting the project, and had
Licences for the Taimyrsky-3, Taimyrsky-4 and written off its $1.6bn initial investment as a
Taimyrsky 8 will go to Enerkim. result. ™
The licences are valid until 2029.
Gazprom Neft has been expanding its opera-
tions on the Taymyr Peninsula since 2019, when
the company landed exploration rights to the
12 Zapadno-Taimyrsky blocks, spanning a total
area of 5,000 square km. Those licences are due
to expire.
There is currently no commercial oil and
gas production on Taymyr Peninsula. The area
is estimated to contain billions of barrels of oil
and trillions of cubic metres of gas, but it is also
remote, meaning any developments require
extensive infrastructure.
Rosneft hopes to develop several sites on

P14 www. NEWSBASE .com Week 25 22•June•2022