Air Products, a renowned hydrogen supplier, has announced an agreement to acquire Saneg's hydrogen production assets at the Fergana Oil Refinery in Uzbekistan. This strategic move not only enhances the refinery's operational efficiency but also sets the stage for wider commercial adoption of hydrogen in Uzbekistan's industrial sector, positioning the country as a significant player in the hydrogen economy. The partnership between Saneg and Air Products is seen as a crucial step in the modernization journey of the Fergana Refinery, in alignment with long-term goals and the country's vision for energy security and economic development through increased domestic hydrogen production. Seifi Ghasemi, Air Products' Chairman, highlighted the company's expertise in hydrogen production and fueling infrastructure, emphasizing the significant boost their technology will bring to the Fergana Refinery's capabilities. This collaboration is expected to drive sustainable and energy-independent operations in Uzbekistan, supporting the country's ambition for a cleaner and greener future. The modernization program at the Fergana Refinery includes incorporating advanced hydrocracking technology and improving fuel processing capabilities to meet international standards. Air Products' provision of Pressure Swing Adsorption units and a state-of-the-art steam methane reforming unit will ensure a stable hydrogen supply for the refinery and the broader market, enhancing reliability and operational efficiency. The acquisition, scheduled for completion in Q4 2024, demonstrates Air Products' commitment to delivering cutting-edge solutions for the evolving energy sector needs in Uzbekistan and beyond. This step not only strengthens Air Products' market presence but also plays a vital role in supporting Uzbekistan's energy diversification and modernization goals while fostering sustainable industrial growth globally.