5 Key Downstream Projects in the Caspian and Central Asian regions

In preparation for the Downstream Caspian and Central Asia conference (23rd-24th September, Nur-Sultan), in partnership with GlobalData analytics company, Globuc has prepared an overview of all active downstream projects in the Caspian and Central Asian regions.

The overview contains all the planned and announced projects in refining and petrochemicals in Kazakhstan, Azerbaijan, Uzbekistan, Turkmenistan and Tajikistan, based on Global Data’s project database. Information presented in this report includes the project name, operating company, project announcement and completion dates, current project stage, exact units and plants that are being built or modernised, volume of investments, and the project’s EPC contractors and licensors, where known.

Below are 5 key projects from each of the countries covered by the report, based on their total capex:

Baku Refinery Revamp Phase II in Azerbaijan
In the second phase of the SOCAR refinery revamp there are plans to build a cracking unit. Although the project was announced as early as 2013, it is now in the feasibility stage and the planned completion date is set for 2030. The total capex of this project alone is estimated at $10 billion.

Kazakhstan Petrochemical Industries at Atyrau Complex in Kazakhstan
KPI is currently engaged in the construction of several new plants at their Atyrau site, including a propylene plant, a polypropylene plant, a polybutadiene plant, and a butadiene plant. Construction of these plants is planned to be finished by 2021. KPI has also announced plans to build a PVC Plant within this complex, which is now undergoing the feasibility study. The combined capex of these projects is estimated at over $2 billion.

Navoiazot Navoi Complex in Uzbekistan
Navoiazot is working on the construction of several petrochemical plants for ammonia, urea, caustic soda, methanol and PVC. All plants are due to commence production in 2020. The combined capex of these projects is estimated at $1,512 billion
Turkmengaz Kiyanly Complex in Turkmenitan
Turkmengaz has also announced several petrochemical projects at their Kiyanly site. This project encompasses the construction of a PVC plant, a polyethylene plant, a chlorine plant, and a caustic soda plant. The projects are currently at the feasibility stage and are due to be completed by 2025. The combined capex of these projects is estimated at $428 million.

Azot Sarband Complex in Tajikistan
Tajik petrochemical producer, Azot (former Tajik Azote), has also resumed its modernization process and is now looking for investors for the construction of urea and ammonia plants at their Sarband site. This project was announced in 2016 and its completion date has been set for 2020. The total capex of this project is estimated at $421 million.

You can access the full overview of Caspian and Central Asian downstream projects here: https://globuc.com/downstream-centralasia/top-5-downstream-projects-in-caspian-and-central-asian-regions/

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This release was published on openPR.