Uzbekistan eyes gas-driven downstream growth
New investment in gas-to-chemicals capacity could add value to an economy hobbled by declining Chinese import appetite
Uzbekistan’s Jizzakh Petroleum has firmed up plans to invest in a new state-of-the-art gas-to-chemicals complex, providing a welcome boost to the central Asian nation’s economic prospects in a year that has seen plunging gas exports to China. The joint venture between NOC Uzbekneftegaz and a subsidiary of Russia’s Gazprom will build a 500,000t/yr capacity olefins plant, based on methanol-to-olefins (MTO) technology. It will process 1.5bn m³/yr of gas and manufacture high-quality polymers—supplying products to textile, processing, automotive, pharmaceutical and other industries. The facility is scheduled to start up in 2025 and will focus on production of low-density polyethylene, ethylene-vi
Also in this section
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
