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 728


 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».

Other articles
The results of the development of the fuel and energy complex for January-July of this year were discussed at a government meeting

Last Friday, President Gurbanguly Berdimuhamedov held a meeting of the Cabinet of Ministers via digital video communication, at which the results of the development for seven months of the year of all sectors of the national economy, including the fuel and energy complex of Turkmenistan, were discussed.

The head of Turkmenistan stated priorities of cooperation within the CIS

Changing world realities demand from the CIS a timely and adequate response, embedding in new coordinates of interaction. It was stated by the President Gurbanguly Berdimuhamedov in an interview to the International Television and Radio Company «Mir», answering a question about the prospects for Turkmenistan's cooperation within the Commonwealth.

Gasoline produced by TCOR is among the export transactions on the exchange of Turkmenistan

12 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.

In the Central building of the oil and gas complex of Turkmenistan a conference was held

On January 26, President Gurbanguly Berdimuhamedov held a working meeting with the participation of the leaders of the financial, economic and oil and gas complexes, at which the tasks for the further economic development of our independent state in 2022, as well as development issues in accordance with the realities of the time of the regions and improving the welfare of the people, were discussed.

Gurbanguly Berdimuhamedov is recognized as the national leader of the Turkmen people

Hero of Turkmenistan, Honorary Elder of the people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov is officially recognized as the national leader Turkmen people. The Constitutional Law of Turkmenistan “On the National Leader of the Turkmen People” was adopted following the results of the joint meeting of Milli Gengesh chambers held on Saturday in Ashgabat and representatives of the public.