Fergana Oil Refinery, a subsidiary of Sanoat Energetika Guruhi (Saneg) and a leading producer of fuels and lubricants in Central Asia, has made significant progress on its ambitious modernisation project in the plant’s 63-year history.

Ever since the plan worth $400 million was launched 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, which began overseeing operations at Fergana in 2020, acquired the facility in 2022.

According to Abdusalom Abdumanoniy, Deputy Director for Modernisation and Prospective Development: "Saneg is proud that our modernisation efforts will expand the range of new products at Fergana Refinery. 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 renovation project has seen the installation of 12 out of 36 new modern tanks; designing and building of a proprietary steam boiler house with a chemical water treatment plant; groundbreaking on a hydrocracking unit, a hydrogen production unit and a pressure swing adsorption unit; processing of oil sludge and recycling of oil waste; and other works.

The 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 see it build out into a petrochemical complex.