Uzbekistan plans giant leap in refining
The country is looking to bring its refining industry up to modern standards, but it needs to resolve the problem of oil supply
Uzbekistan is preparing to expand and upgrade its oil refineries to bolster its fuel security, energy minister Alisher Sultanov tells Petroleum Economist. The move represents a massive step for the country’s downstream sector, which has been largely stagnating for years. The Central Asian state has two main refineries, located in Bukhara and Fergana, with a total nameplate throughput capacity of 8.95mn t/yr (180,000bl/d). But the state-run facilities—which are in poor condition and rely on outdated technology—cannot actually process this much oil, Sultanov says. As a result, the Fergana refinery is loss-making. The poor state of its refineries means Uzbekistan has to rely on imports to cover
Also in this section
17 May 2024
The latest drought crisis is passing, but longer-term solutions are in motion, explains Panama Canal Authority Administrator Ricaurte Vasquez Morales
16 May 2024
Flat oil growth in 2024 highlights mounting industry problems
15 May 2024
Five years ago, Uzbekistan turned to a private company called Saneg to reverse the fortunes of its oil industry. Results so far are encouraging, and according to CEO Tulkin Yusupov, further progress is on the way
13 May 2024
But optimism about island nation checked by competition around African upstream investment and history of false dawns