▲ Up
 
21:19 20-01-2018
АКИpress CA-News Tazabek Turmush
ADVERTISE WITH US SUBSCRIBE
KazakhstanKyrgyzstanMongoliaTajikistanTurkmenistanUzbekistanWorld
POLITICSBUSINESSINCIDENTSSOCIETYCULTURESPORTANALYSISSCIENCE
Kazakhstan to launch new GTL plant for processing associated gas
Central Asia | business | 14:13, 25 March 2014 | 1146

AKIPRESS.COM - associated gas The Ministry of Oil and Gas of Kazakhstan and the Compact GTL signed an agreement in construction of a GTL plant for the processing the associated gas into diesel fuel.

CompactGTL Chairman Tony Hayward and Minister Uzakbay Karabalin have signed a Memorandum of Cooperation to support the development and implementation of innovative associated gas processing technologies in Kazakhstan with the implementation of the world’s first commercially deployed small scale GTL plant.

“The plant is expected to bring with it significant future commercial and environmental benefits. Up to 820,000 cubic meters of associated gas that might otherwise be wasted will be fed through the plant every day to produce approximately 3,000 bpd of synthetic diesel. In a year, the plant is expected to monetize over 300 million cubic meters of gas,” said in the Compact GTL.

Kazakhstan offers considerable potential for CompactGTL’s proven small-scale GTL technology. Kazakhstan is a major producer of oil and is also one of the leaders globally in seeking to use new technology to bring environmental benefits to the country. The new GTL plant will contribute to President Nazarbayev’s “Strategy of innovative development of Kazakhstan until 2020” by creating a local high technology industry that processes associated gas to produce fuels for local consumption. CompactGTL, together with investors from Kazakhstan, have agreed to finance, design and build the up to 3,000 bpd GTL plant, using CompactGTL’s technology and plant design.

LATEST NEWS
17:43 Government of Kyrgyzstan plans to spend 20.8 billion som for asphalt laying in 201816:52 Foreign trade turnover of Mongolia reaches $10.5 billion16:13 MP says conception of reforming of Interior Ministry will be just on paper15:29 Kazakhstan ready to host East Ukraine reconciliation talks if sides agree - diplomat15:04 Government of Kyrgyzstan requests assistance from Japan in rehabilitation of Botanical Garden in Bishkek14:34 'Unemployment in Uzbekistan led to such tragedy as in Kazakhstan' – Mirziyoyev about bus fire13:15 Mirziyoyev prays for Uzbekistanis killed in bus fire in Kazakhstan12:43 42yo woman who fell into coma after C-section dies in Bishkek12:23 U.S. government shutdown begins as spending bill fails in Senate11:38 Philippines stops sending workers to Kuwait over abuse fears11:06 FM of Kyrgyzstan participates in meeting on sidelines of UN Security Council events10:42 More than half of people's deaths in Kyrgyzstan caused by circulatory system diseases10:23 907 people killed in road accidents in Kyrgyzstan in 201710:14 Bodies of 52 citizens of Uzbekistan delivered from Aktobe to Uzbekistan18:12 Late MP's mandate formally revoked18:05 Government plans to cut government staff, including Agriculture Ministry17:54 Using petrol to fuel open fire could be cause of deadly bus fire in Kazakhstan17:47 Uzbekistan thanks Kazakhstan for cooperation in investigation of bus fire causes17:34 Central Election Commission officially terminates powers of Omurbek Babanov17:22 Identities of 30 citizens of Uzbekistan killed in bus fire established — Consul
© AKIpress News Agency - 2001-2018. All rights reserved
Republication of any material is prohibited without a written agreement with AKIpress News Agency. Any citation must be accompanied by a hyperlink to akipress.com.
Our address:
Moskovskaya str. 189, Bishkek, the Kyrgyz Republic
e-mail: english@akipress.org, akipressenglish@gmail.com;
Tel/Fax: +996(312)65-03-06