Jizzakh Petroleum achieves new milestones in MTO project
TASHKENT, 22 days ago Jizzakh Petroleum has announced significant progress in construction of a new gas chemical complex in Uzbekistan, based on methanol-to-olefins (MTO) technology. Jizzakh Petroleum is a major investor in the project located in the Bukhara region of Uzbekistan, which will use domestic feedstock to enable monetisation of natural gas, via the production of export-oriented and high value-added products in demand within the country. The creation of the future gas chemical complex will lead to the development of the domestic textile industry, as well as import substitution and an increase of production in the automotive and construction industries.
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Jizzakh Petroleum has announced significant progress in construction of a new gas chemical complex in Uzbekistan, based on methanol-to-olefins (MTO) technology.
Jizzakh Petroleum is a major investor in the project located in the Bukhara region of Uzbekistan, which will use domestic feedstock to enable monetisation of natural gas, via the production of export-oriented and high value-added products in demand within the country. The creation of the future Gas Chemical Complex will lead to the development of the domestic textile industry, as well as import substitution and an increase of production in the automotive and construction industries.
Based on in-depth studies and assessments conducted with partner, Wood, six technology licence agreements have been signed in January – early February 2021 with leading international companies: Chemtex, Scientific Design, Versalis, Haldor Topsoe, Grace and Sinopec.
New milestones achieved in Jizzakh Petroleum’s MTO project
TASHKENT, Uzbekistan, February 8, 2021 Jizzakh Petroleum, an oil and gas company focused on developing Uzbekistan’s energy sector, has announced significant progress in the construction of a new gas chemical complex in Uzbekistan, based on methanol-to-olefins (MTO) technology. Jizzakh Petroleum is a major investor in the project located in the Bukhara region of Uzbekistan, which will use domestic feedstock to enable monetisation of natural gas, via the production of export-oriented and high value-added products in demand within the country. The creation of the future Gas Chemical Complex will lead to the development of the domestic textile industry, as well as import substitution and an increase of production in the automotive and construction industries.