Azernews.Az

By Aynur Jafarova

The construction of a gas chemical complex for the production of polyethylene and polypropylene is underway in Turkmenistan's Kyyanly seaside settlement.

Deputy Prime Minister Baimyrat Hojamuhammedov, who is responsible for the development of the Turkmen fuel and energy complex, announced this news this at a government meeting in Ashgabat on February 24.

A new project will be implemented as part of the oil and gas industry development project for the period of up to 2030.

Turkmenistan's chemical industry is one of the fastest growing sectors of its 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, and Belgorkhimprom JSC is tasked with implementing the project.

Turkmenistan is also working on the development of a large project on the establishment of major gas, chemical, and petrochemical industries in the next ten years. Work 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 the domestic gas processing industry for the production of ammonia, carbamide, and carbon build-up production of liquefied natural gas, for which there is a steadily growing demand in the global 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.

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).

Turkmenistan also plans to commission ammonia and carbamide production plants in June, 2014. The project is implemented under a contract signed by the Turkmenhimiya State Concern, the Japanese 'Kawasaki Plant Systems Ltd', and 'Sojits Corporation' companies' consortium.

The construction part of the project is conducted by the Turkish Ronesans Turkmen Insaat Sanayi ve Ticaret Anonim Sirketi. The cost of the project in Mary city is estimated at $1 billion. The design capacity is 400,000 tons of ammonia and 640,000 tons of carbamide per year.