The Turkmenbashi complex of oil refineries (TCOR) signed the contract with consortium of the WTL (FZE) and Westport Trading Europe Limited companies from the UAE on a construction of new installation of the slowed-down coking, the Media Turkmen news agency ORIENT reports.
This installation is expected annual production of 416 thousand tons of diesel fuel, 191 thousand tons of oil coke, 16,4 thousand tons of the liquefied gas and 148 thousand tons of gasoline.
Commissioning of new installation will provide growth of export volumes of oil products, will raise their competitiveness thanks to raw materials conversion deepening.
New installation will promote deepening of oil refining on TCOR up to 94% that will increase quality and competitiveness of oil products, in particular, of tar of the highest test which is required for a construction of durable pavings. At the same time high-quality tar is useful for increase in release of oil coke.
As earlier it was reported, at the recent cabinet meeting the vice-chairman of energy industry Maksat Babayev reported on the President Gurbanguly Berdimuhamedov on results of the international tender for a construction of installation of the slowed-down coking which was carried out by Turkmenbashi complex of oil refineries.
As the vice-chairman reported, implementation of this project will allow to increase by TCOR depth of oil refining and production volumes of the liquefied gas, gasoline, diesel fuel, oil coke and tar and also to improve quality of the road bitumen used in case of asphalt production.