The implementation of large-scale investment projects that may significantly redraw the industrial map of the region is currently in progress.
The attainment of maximum efficiency in performance and transition from the production and export of raw materials to enhanced processing, construction of ultra-modern processing plants are major indicators of success for any oil and gas giant. The domestic oil and gas industry represents a successful combination of the growth of mining, improving quality of their processing, and production of new products. A strategy of combining new technologies and effective solutions has paved the way for the next stage of oil and gas industry development in Uzbekistan.
It is very important that despite the challenging global trends in the oil and gas industry, the domestic oil and gas sector has maintained its positions in domestic and foreign markets. For 2016 alone, Uzbekneftegaz National Holding Company has planned to complete the implementation of nine projects worth $624 million.
The projects imply opening of ten certified centers for installation of LPG equipment on vehicles, establishment of facilities with the annual production capacity of 80,000 tons of granulated sulfur and 8,000 tons of liquefied gas, cleaning capacities for up to 6 billion cubic meters of gas, 18 MW gas booster compressor station, and electricity generator for own needs in the amount of 37.1 million kW/h.
The investment program for the current year envisages the implementation of another 14 projects that involve foreign investments and loans, and total $16.3 billion.
The construction of the Ustyurt Gas Chemical Complex (GCC) in Kungrad district of Karakalpakstan jointly with South Korean partners is a striking example of successful integration. Launched late last year, the project is valued at over $3.9 billion. The construction of the complex was funded by direct investments of its founders – South Korean companies Kogas, Lotte, GS Caltex and Uzbekneftegaz National Holding Company in the amount of $1,4 billion, as well as more than $2.5 billion of credit funds.
All construction works at Ustyurt GCC were completed in the fourth quarter of last year to procced with installation and commissioning. The first trial batch of polyethylene was released in late October 2015, and polypropylene was produced in November. The plant is actively increasing its capacity.
Basic equipment at GCC was produced by the foremost German, French, Japanese, American, Swedish, Dutch and Korean manufacturers.
The company has already shipped its first exports to Turkey and East Asia. Polyethylene was shipped in December, 2015, and polypropylene – in January 2016.
After reaching the design capacity, the GCC will process 4.5 billion cubic meters of natural gas, 115,000 tons of condensate per year, and produce a wide range of petrochemical products – 387,000 tons of polyethylene, 83,000 tons of polypropylene, 3.8 billion cubic meters of commercial gas, 102,000 tons of pyrolysis oil.
(Source: «Uzbekistan Today» newspaper)
On September 7, 2016, the Prime Minister of the Republic of Uzbekistan Shavkat Mirziyoev received Raymond Conner, the President of Boeing Commercial Airplanes.
On behalf of “Boeing” R. Conner expressed his sincere and deep condolences to the Government and people of Uzbekistan in connection with the passing of the First President of the Republic of Uzbekistan Islam Karimov.
The high level of mutually beneficial and long-term cooperation with “Boeing” in the field of civil aviation is the result of all-round support of joint projects by the First President of our country Islam Karimov.
Today, “Boeing” is a reliable partner of Uzbekistan in the sphere of supply, operation and maintenance of modern passenger aircraft. National airline “Uzbekistan Airways” operates 15 Boeing aircraft, which provide more than half of all traffic of the NAC and make a significant contribution to the strengthening of its position as one of the largest and fastest growing airlines in the region.
On the eve of the Independence Day, the park of the National airlines was supplemented with the most modern and comfortable aircraft Boeing – “787 Dreamliner.” The new plane started its flights already on September 5, with the flights to Urgench, Bukhara, Nukus. From the next week it is planned to conduct international flights. In November of this year, Uzbekistan will receive the second “Dreamliner.”
Intensive collaboration is carried out in the field of training of flight personnel and specialists, including by equipping the training centre of our airline with complex equipment.
A new joint project – the regional center for repair of large composite structural elements of modern aircraft on the base of aviation enterprise “Uzbekistan Airways technics” was launched in January this year.
Raymond Conner expressed his sincere appreciation for the support of joint projects and assured of the readiness of the company to continue the mutually beneficial and fruitful cooperation with Uzbek partners.
On September 9, 2016 the Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov received the Secretary General of the Organization of Islamic Cooperation Iyad bin Amin Madani who arrived in Uzbekistan on a visit.
The head of the MFA, welcoming the guest, first of all, thanked for condolences and words of support in connection with the death of the First President of the Republic of Uzbekistan Islam Karimov.
During the meeting, the practical issues of preparation for the upcoming 43rd session of the Council of Foreign Ministers of the OIC Member States were discussed. The session will be hold under the presidency of Uzbekistan in Tashkent.
The sides stressed their mutual interest in the successful holding the meeting of the Council of MFA. As noted, the 43rd Session and its outcomes will remain in the history of the OIC in view of the urgency and relevance of the slogan of presidency adopted by Uzbek side “The education and enlightenment – path to peace and creativity”.
(Source: Press Service of the MFA of the Republic of Uzbekistan)
A state flag of Uzbekistan was raised at in Paralympic Village in Rio de Janeiro on 7 September 2016.
Athletes from Uzbekistan, coaches, representatives of the Brazilian Government and administration of Rio de Janeiro, as well as others participated at the event.
About 32 athletes from Uzbekistan will participate in the Paralympic Games. They will compete for medals in five sports – judo, athletics, swimming, shooting and power-lifting. Some 12 athletes will compete in athletics – jewelling, shot put and running.
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