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Globuc Releases Annual Report on Key Downstream Projects in Central Asia, Enhancing Regional Capacities

DOWNSTREAM CENTRAL ASIA AND CASPIAN

Globuc Releases Annual Report on Key Downstream Projects in Central Asia, Enhancing Regional Capacities

Globuc’s Downstream Central Asia and Caspian Summit Analytical team have released their annual report, detailing key downstream projects that are progressing in the Central Asian and Caspian region. The report coincides with their unique conference event, taking place in Astana in September, bringing together project owners and their suppliers to develop such ventures.

Source: Downstream Central Asia and Caspian

The Globuc Downstream Central Asia and Caspian Summit Analytical team have published a detailed 33-page document that offers crucial insights into upcoming downstream projects in the Central Asian and Caspian regions. This report is essential for industry stakeholders to stay informed about significant developments from 2024 onwards. It encompasses many initiatives, including major advancements in Kazakhstan, Uzbekistan, Azerbaijan, and Turkmenistan, underscoring the region's growing strategic importance in the global energy and petrochemical markets.

In Kazakhstan, the report highlights several pivotal projects such as the first polyethylene production complex scheduled for 2023 to 2029, gas refining plants in Kashagan from 2021 to 2029, and six new production facilities by KazAzot from 2022 to 2026. Additionally, it details the expansion of production capacities at main refineries and the establishment of a butadiene and synthetic rubber plant between 2021 and 2025. Uzbekistan is also prominently featured, with projects like a gas chemical complex utilising Methanol to Olefins (MTO), the M25 gas processing plant, and the modernisation of the Fergana Refinery which is due to be completed in 2025. Moreover, significant developments include the production of phosphorous fertilisers until 2024, and a major petrochemical project in the Khorezm region.

The overview also includes Azerbaijan's extensive modernisation of the Baku Oil Refinery, expected to be completed by 2026/2027, and Turkmenistan's initiatives such as the construction of an ammonia and urea production plant and the modernisation of the Turkmenbashi complex of oil refineries and the Seydinsky oil refinery. For industry professionals, this document is a critical resource for understanding the trajectory of downstream projects in these regions and preparing for the opportunities and challenges ahead. Reading Globuc's latest project overview is indispensable for staying ahead in this dynamic sector.

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