Turkmenistan Starts Bitumen Export to Uzbekistan

By Elizaveta Semenova In Bitumen, News August 6, 2018

Seidi Oil Refinery has begun exporting bitumen to Uzbekistan. The first batch consists of 675 tons of the product. The agreements lay out that Turkministan will import an estimated 10,000 tons of bitumen in total.

Seidi Oil Refinery’s current bitumen plant was installed three years ago by the American company Westport Trading Europe Ltd. The plant’s capacity allows it to process 118,000 tons of fuel oil per year, yielding about 37,000 tons of bitumen and associated gas oils.

Bitumen is also manufactured in the Central Asian region near Turkmenistan and exported from Kazakhstan. There are two main bitumen plants on its territory: Caspi Bitumen and Gazpromneft Kazakhstan.

According to the information provided by KAZINFORM, an international news agency of Kazakhstan, Caspi Bitumen exported 650 tons of bitumen to Uzbekistan in 2017.

In Tajikistan, the launch of an oil refinery has been announced for September 2018. The project was started in 2014 and organized by the Tajik-Chinese joint venture TK-Oil. The plant is meant to begin manufacturing with the production of a diesel fuel, low-octane gasoline of AI-80 and AI-92 grade, as well as construction bitumen.

Over the last 10 years, several attempts have been made to launch mini-refineries in Tajikistan, in the regions of Kanibadam, Isfara, Shakhrinav, and Khatlon. None of the attempts proved successful.

DYM Resources is a international trading company focused on developing high-quality services in the base oil, wax, and petcoke and bitumen markets.

For enquiries, please contact us via our website.

Photo: oldinvest.zed.kz