Sanoat Energetika Guruhi (Saneg) subsidiary Fergana Oil Refinery, one of the leading enterprises for the production of fuels and lubricants in Central Asia, has made significant progress on the most ambitious renovation in the plant’s 63-year history. Saneg, which began overseeing operations at Fergana in 2020, acquired the facility in 2022.
Since the launch of the modernization plan - valued at more than $400 million - three years ago, over $249.6 million in external investments and proprietary funds have been attracted to implement the project, which by 2024 will help the plant to expand its product line and improve the quality of its output, while reducing irretrievable losses of hydrocarbons.
“Saneg are very proud that our modernization efforts will expand the range of new products at Fergana Refinery,” said Abdusalom Abdumanoniy, Deputy Director for Modernization and Prospective Development. “Under Saneg’s continuing stewardship, the Fergana plant will produce and deliver for the domestic market high-quality refined hydrocarbons, contributing to a significant increase in wealth of our country”.
So far, the following work has been done as part of the renovation project:
Currently thousands of workers and hundreds of units of specialized equipment are involved in the project. The next step will be the construction of an isomerization unit, which will increase the high-octane yields of motor gasolines from refined oil.
In the future, the Fergana Oil Refinery will become the first and only enterprise producing Euro 5 class motor gasolines and lubricating oils of group II + / III, according to API in Uzbekistan.
Future development of the Fergana Oil Refinery will build out the plant into a petrochemical complex.