Turkish Rönesans is interested in participating in the second project of a plant for the production of gasoline from gas in Turkmenistan
17:18 01.02.2023 7514
Rönesans Endüstri Tesisleri, one of the companies of the Turkish Rönesans Holding group, has signed a Memorandum of Understanding on the project of a second plant for the production of gasoline from natural gas in the Akhal region of Turkmenistan. This was reported by the Turkish news agency Bloomberg HT.
Rönesans Holding discussed preliminary agreements for the implementation of the project in Central Asia at the 14th Turkmen-Japanese Economic Conference, held in Tokyo on December 22 last year. The event was led by the Vice-Chairman of the Cabinet of Ministers, Minister of Foreign Affairs Rashid Meredov and Managing Director of Itochu Corporation Hiroyuki Tsubai. It was attended by representatives of the Turkmen government, the Ambassador of Turkmenistan to Japan and representatives of Turkish and Japanese companies implementing projects in the region.
Along with Rönesans, the Memorandum of Understanding on the project of the second plant was signed by the State Concern «Turkmenchemistry», Kawasaki Heavy Industries and Itochu Cooperation.
The first plant for the production of synthetic gasoline from natural gas was built in Ovadandepe, Akhal region, under a contract between the State Concern «Turkmengas» and a consortium of the Japanese company Kawasaki Heavy Industries and the Turkish construction holding Rönesans worth $1.7 billion. The modern industrial complex was put into operation in June 2019.
The $1.7 billion plant is designed to process 1.785 billion cubic meters of natural gas annually and produce 600,000 tons of EURO-5 compliant ECO-93 gasoline and 100,000 tons of liquefied gas.
This complex is listed in the Guinness Book of Records as «The world's first plant for the production of gasoline from natural gas».
Demand for oil in 2022 will grow by 3.3 million barrels per day, the market will be in short supply – IEA
Demand for oil in 2021 increased by 5.5 million barrels per day, and in 2022 it will increase by 3.3 million bpd, Interfax and Bloomberg report citing a report by the International Energy Agency (IEA).
New Chairman of the State Concern “Turkmengas” appointed
Maksat Babayev, who until now served as deputy head of this concern, has been appointed as the new Minister of State – Chairman of the State Concern “Turkmengas”.
New Vice-Chairman for Fuel and Energy Complex of Turkmenistan appointed
Amanov Batyr Amangeldiyevich, who until that time had headed the State Concern “Turkmengas”, was appointed as the new Vice-Chairman for the fuel and energy complex of Turkmenistan.
Hydrogeologists conduct an effective search for groundwater in Dashoguz region
The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.
Presidents of Turkmenistan and Uzbekistan discussed key issues of bilateral partnership by phone
Key issues of bilateral partnership were discussed by President of Turkmenistan Gurbanguly Berdimuhamedov and President of Uzbekistan Shavkat Mirziyoyev during a telephone conversation last Thursday, the State News Agency of Turkmenistan reports.