R/€ = 15.26Change: -0.01
R/$ = 14.41Change: -0.03
Au 1057.95 $/ozChange: 0.07
Pt 835.50 $/ozChange: 0.00
Note: Search is limited to the most recent 250 articles. Set date range to access earlier articles.
Where? With... When?

And must exclude these words...
Close Main Search
Close Main Login
My Profile News Alerts Newsletters Logout Close Main Profile
Agriculture   Automotive   Chemicals   Competition Policy   Construction   Defence   Economy   Electricity   Energy   Environment   ICT   Metals   Mining   Science and Technology   Services   Trade   Transport & Logistics   Water  
What's On Press Office Tenders Suppliers Directory Research Jobs Announcements Letters About Us
RSS Feed
Article   Comments   Other News   Research   Magazine  
Jul 23, 2012

Sasol-linked ‘golden road’ GTL project a step closer to fruition

Tashkent|Aviation|Diesel|Gas|PROJECT|Road|Uzbekistan|USD|Gas-to-liquids|Nonrecourse Project Finance|Infrastructure|Uzbekneftegaz|Diesel
© Reuse this

The proposed development of a $4.5-billion Uzbekistan gas-to-liquids (GTL) project took a step closer on Monday when the project was officially rebranded as ‘Oltin Yo’l (or ‘golden road’) at a ceremony in Tashkent.

The three project partners, Uzbekneftegaz, Sasol and Petronas, expect to make a final investment decision during the second half of 2013 and are seeking nonrecourse project finance to fund the venture.

Sasol and Uzbekneftegaz each have a 44.5% share in the project, with Petronas having retained the 11% balance.

The name, which bears a reference to a centuries-old trade route that passed through Uzbekistan, was unveiled as infrastructure work began at the proposed Shurtan site, located in the south of Uzbekistan.

Envisaged is a 38 000 bl/d facility to produce a combination of GTL diesel and naphtha, as well as kerosene for the aviation sector.

Edited by: Creamer Media Reporter
© Reuse this Comment Guidelines (150 word limit)
Other Oil and Gas News
Nigeria's Oando plans to build a gas plant for up to $350-million as it focuses on integrating gas production with its supply business, the head of the gas and power unit said on Thursday. Bolaji Osunsanya, MD of Oando Gas and Power said the plant, with a capacity to...
WORKING TOGETHER HFT is the ‘super dealer’ for Cummins Filtration’s Fleetguard range of products across Southern Africa
Having established its coolant manufacturing plant in July 2015 in Woodmead, Johannesburg, global filtration products designer and manufacturer Cummins Filtration appointed hydraulic fluid specialist Hytec Fluid Technology (HFT) as its ‘super dealer’ for the...
FILTERING TO THE LAST PARTICLE Microfine filtering extends equipment life span and components by up to ten times
Africa’s extreme environment calls for more effective microfiltration applications to remove wear particles and dirt contamination from lubricants says microfine filtration solutions and vacuum automated and dehydration systems provider Filter Focus, COO Craig...
Article contains comments
Article contains comments
Latest News
French conglomerate Bollore may have to halt work on the Niger to Benin section of its giant West Africa rail project after a rival company won a court order to stop it going ahead. The dispute concerns rival rail schemes in the area.
A week ahead of the second annual gathering of the Forum on China–Africa Cooperation (Focac), in Johannesburg, the JSE is rolling out the proverbial red carpet for Chinese investors looking to Africa’s largest bourse for possible investment opportunities, calling...
The South African National Roads Agency Limited (Sanral) applied for leave to appeal on Friday against the Western Cape High Court judgment that set aside the approvals that would enable it to toll sections of the N1 and N2 freeways in Cape Town. This prompted the...
Recent Research Reports
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
Road and Rail 2015: A review of South Africa's road and rail sectors (PDF Report)
Creamer Media’s Road and Rail 2015 report examines South Africa’s road and rail transport system, with particular focus on the size and state of the country’s road and rail infrastructure and network, the funding and maintenance of these respective networks, and...
Defence 2015: A review of South Africa's defence sector (PDF Report)
Creamer Media’s Coal 2015 report examines South Africa’s coal industry with regards to the business environment, the key participants in the sector, local demand, export sales and coal logistics, projects being undertaken by the large and smaller participants in the...
Real Economy Year Book 2015 (PDF Report)
There are very few beacons of hope on South Africa’s economic horizon. Economic growth is weak, unemployment is rising, electricity supply is insufficient to meet demand and/or spur growth, with poor prospects for many of the commodities mined and exported. However,...
This Week's Magazine
The BMW Group will invest R6-billion at BMW Group South Africa’s (BMW SA’s) Rosslyn plant to produce the next-generation X3 sports-activity vehicle (SAV) for the local and export markets. Rosslyn will continue production of the current 3 Series through its lifecycle,...
The lack of consequences for poor performance and transgressions on the part of contractors remains a significant hurdle to tackling South Africa’s service delivery challenges, delegates heard at the Consulting Engineers South Africa Infrastructure Indaba, on...
City of Ekurhuleni executive mayor Mondli Gungubele earlier this month officially named the city’s bus rapid transit (BRT) system, Harambee.
NICK CHRISTODOULOU As about 58% of data stored by organisations is dark, they must identify this dark data to expose risks and valuable information
About 58% of unstructured data stored by companies is dark data, which means that the value or regulatory importance of the data has not been determined. Subsequently, most of the stored data add costs, rather than increasing revenue or reduce regulatory risks, says...
BRIAN VERWEY Effective management, review and administration of non-core elements can improve business operations and increase revenue and decrease unforeseen risks
Effective logistics, import/export and manufacturing consulting services require detailed industry knowledge and experience, but can add significant value to these industries by providing expert advice on various technical elements in their value chains, says...
Alert Close
Embed Code Close
Research Reports Close
Research Reports are a product of the
Research Channel Africa. Reports can be bought individually or you can gain full access to all reports as part of a Research Channel Africa subscription.
Find Out More Buy Report
Engineering News
Completely Re-Engineered
Experience it now. Click here
*website to launch in a few weeks
Subscribe Now for $96 Close
Subscribe Now for $96