Turkmenistan to develop chemical industry
By Aynur Jafarova
Turkmenistan intends to develop a national chemical industry which will be strategically important for Turkmen national economy.
Speaking at a governmental meeting in Ashgabat, Turkmen President Gurbanguly Berdymukhamedov instructed the government to conduct work on the effective development of this field, local Turkmen media reported on January 4.
Turkmenistan's chemical industry is one of the fastest growing sectors of the national economy, having enormous resource potential.
A key project in this field is the construction of a mining and processing complex for the production of potash in the Lebap province, which will become the largest one in Central Asia.
The complex's capacity is planned to be 1-1.5 million tons per year. The project is being implemented by Belgorkhimprom JSC.
Turkmenistan is also working on the development of a large project envisaging the establishment of major gas, chemical, and petrochemical industries in the next ten years. Works on the utilization of associated petroleum gas and extraction of liquefied natural gas, synthetic fluids, and electricity are of great importance as well.
Another important issue is the development of domestic gas processing industry for the production of ammonia, carbamide, and carbon build-up of production of liquefied natural gas, on which there is a steadily growing demand in the world market.
Turkmenistan has also started the construction of a new sulfuric acid production workshop with a capacity of 500,000 tons per year at a chemical plant in the city of Turkmenabat.
Local Turkmen media reported that the period of completing all operations is 33 months.
A consortium of the Japanese Mitsui Engineering and Shipbuilding Co., Ltd and Turkish Rönesans Türkmen Insaat Sanaýi we Tijaret Anonim Sirketi are charged with the design and turnkey construction of this facility at the order of Turkmenchemistry state concern.
A certain part of the project is expected to be financed by a loan from the Japan Bank for International Cooperation (JBIC).
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