Turkmen Gas-to-Petchems Plant Opens
Kiyanly petrochemical plant in western Turkmenistan has sold its first test products, state-run Turkmengaz reported September 19. It is another of the country's projects to transform gas into finished exports.
It will eventually consume 5bn m3/yr gas, of which 4.5bn m3/yr will be used as fuel and the rest of volume converted to 381,000/yr metric tons of high-density polyethylene and 81,000 mt/yr of polypropylene.
During the past two months, its commissioning period, some 500 mt petrochemicals were produced and exported to commonwealth of independent states (CIS) countries.
The new complex was built under the agreement signed May 12 2014 between Turkmengaz and Japan's Toyo Engineering and South Korea's LG. Turkmengaz has not disclosed the cost of the plant but, according to the budget agreed in 2014, it is $3bn.
Earlier this week the government announced the commissioning of a $1.57bn fertiliser plant in the Caspian coastal city of Garabogaz. The new Kiyanly petchem complex is nearby on the coast, both being in the western Turkmen region of Balkan.