On February 7, 2022, the Minister of Energy of Uzbekistan Alisher Sultanov held talks in Tashkent with a delegation of Volkswagen Group Rus LLC, headed by CEO Stefan Mecha.
During the talks, the foreign side was provided with information on plans to develop the production of Euro-5 motor fuel in Uzbekistan in the coming years, including gasoline and diesel.
In particular, it was noted that in December 2021, a GTL plant for the production of synthetic liquid fuel based on purified methane of the Shurtan gas chemical complex was launched in Uzbekistan, which will significantly diversify and increase the volume of diesel fuel that meets the quality of the Euro-5 standard. The design capacity of the enterprise is 307.3 thousand tons of kerosene, 724.6 thousand tons of diesel fuel, 437.3 thousand tons of naphtha, 53.4 thousand tons of liquefied gas per year.
In addition, a project is being implemented to modernize and reconstruct the Bukhara oil refinery, as a result of which it is planned to produce 1.75 million tons of Euro-5 oil products from 2025.
Of great interest on the part of Volkswagen Group, Rus LLC was the development in Uzbekistan of such a direction as the production of electric vehicles. It was noted that the import of electric vehicles is currently not subject to excise and customs duties in Uzbekistan. Gas stations for electric cars operate on the basis of a number of filling stations, and private business is developing in this direction.
The foreign delegation was also familiarized with the development of renewable energy (RES) in the republic, whose share in the total energy balance by 2030 should reach at least 25%. In 2021, the first solar power plant with a capacity of 100 MW was put into operation, and the second is expected to be commissioned in March 2022. In 2024, it is planned to commission renewable energy facilities with a total capacity of 2.2 GW, as well as hydroelectric power plants with a capacity of 326 MW.
The parties during the meeting exchanged views on the possibilities of implementing joint projects, agreed on a detailed consideration of promising proposals.
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