Turkmenistan, which is currently engaged in expanding its positions in gas and chemical industry, plans to implement numerous projects in this area.
The energy-rich Central Asian nation will strengthen the development of the gas and chemical industry in the next 10 years. Deputy Prime Minister Maksat Babayev presented a number of projects in this regard at the recent governmental meeting.
Particularly, it is planned to reconstruct a natural gas processing plant and launch production of liquefied gas at the Bagaja deposit in Lebap province and build a gas and chemical complex with the capacity of 80,000 tons of styrene-butadiene rubber and 45,000 tons of polystyrene per year on its basis.
A big investment project is proposed to be implemented at the field of Central Karakum, located near the Yylanly gas compressor station in the Dashoguz province. As part of the project, it is planned to build a plant to process two billion cubic meters of natural gas and produce 70,000 tons of liquefied gas.
The second phase of this plant’s facilities is designed for the production of 200,000 tons of low-density polyethylene.
It is planned to build a gas and chemical complex in the Kiyanly village of Balkan province in order to produce 200,000 tons of linear low-density polyethylene, 390,000 tons of polypropylene, 100,000 tons of polyvinylchloride, 10,000 tons of liquefied gas, 82,000 tons of caustic soda and 10,000 tons of hydrochloric acid.
The construction of the complex in the Kiyanly settlement started back in 2013. The project is implemented by Japan’s Toyo Engineering Corporation, South Korea’s LG and Hyundai companies. The total cost of the project is over $3.4 billion.
This project’s implementation will provide high-quality products not only for country’s domestic demand but also the foreign market.
Turkmenistan is one of the key players in the energy industry of the Caspian region. The Central Asian state has the world’s fourth largest natural gas reserves.
Currently, the country supplies gas to China and Iran. (Azernews/Business World Magazine)