Westport Trading Europe Limited is building a complex of equipment for delayed coking at TCOR
19:05 02.08.2020 5829
Westport Trading Europe Limited (WTL) from the USA is building a complex of equipment for delayed coking and tar de-asphalting on the territory of the TCOR. The project with a total cost of 120 million euros started at the end of 2019. Completion of construction is scheduled for 2022.
The work is currently being carried out at an accelerated pace. This is facilitated by the attraction of modern high-tech equipment, optimization of production processes, an effective method of financing, as well as a competent distribution of labor costs.
The operation of the new delayed coking equipment will provide an annual production of about 900 thousand tons of raw materials. The annual productivity of tar de-asphalting equipment is planned at the level of 500 thousand tons.
WTL also won a tender for the “turnkey” construction of a new atmospheric oil distillation unit with an “ELOU-AT” electrical desalination unit with a capacity of one million tons per year at the Seydi oil refinery.
With the launch of the new unit, the Turkmenbashi complex of oil refineries will increase the production of petroleum coke, gasoline, liquefied gas and high-quality road bitumen.
New technologies make work at gas stations more comfortable
Employees of the Gubadag Oil Enterprise of the Main Directorate of «Turkmennebitonumleri» for 11 months of this year have demonstrated effective results of their activities. After major reconstruction, a filling station No. 170 was put into operation, located in the eastern part of the Gubadag-Dashoguz highway.
Fitch has raised its forecast for oil prices for the coming years
The international rating agency Fitch Ratings has raised its forecasts for oil prices for the near future, follows from the December report of the Global Economic Outlook (GEO), Interfax reports.
New Agarguyi gas field commissioned
The list of gas storage rooms operated by the «Lebapgazchykarysh» management of the State Concern «Turkmengas» has been replenished with the new Agarguyi field. Recently, two wells were drilled here, from which valuable hydrocarbon products were obtained.
Oil is confidently rising in price, the price of Brent rose to $76.42 per barrel
Oil prices are rising on Thursday on new signals that the spread of the omicron COVID-19 strain will not have such serious consequences for the global economy as initially expected, Interfax reported.
The material and technical base of gas workers continues to be replenished with modern special equipment
On the eve of the 32nd anniversary of the independence of Turkmenistan, the 2nd base of the Logistics and Technical Supply Department of the State Concern “Turkmengas” located in Mary received a batch of new equipment purchased from the People’s Republic of China. Lifting drilling rigs for repairing gas wells were accepted by gas workers as a worthy gift from the head of state – the President on the occasion of the country’s major holiday.