Uzbekistan's Ferghana Oil Refinery Partners with Air Products for Industrial Hydrogen Production
Key Ideas
- Sanoat Energetika Guruhi partners with Air Products for industrial hydrogen production at the Ferghana Oil Refinery in Uzbekistan.
- The modernization of the refinery aims to diversify energy sources and enhance the country's energy security by increasing domestic hydrogen supplies.
- The acquisition of industrial hydrogen assets for $140 million by Air Products is set to boost the commercial use of hydrogen in Uzbekistan and support Central Asia's oil and gas industry growth.
- The collaboration between Saneg and Air Products is viewed as a significant step towards achieving a cleaner and more sustainable energy future for Uzbekistan.
Sanoat Energetika Guruhi (Saneg), a major private oil and gas company in Uzbekistan, has partnered with Air Products to produce industrial hydrogen at the Ferghana Oil Refinery. The refinery, a vital player accounting for a significant portion of the country's oil and gas reserves, is undergoing modernization to expand output and aid in the government's energy diversification efforts. The transfer of hydrogen-related assets to Air Products for $140 million is expected to facilitate broader commercial utilization of hydrogen within Uzbekistan.
Saneg's founder, Bakhtiyor Fazilov, highlighted the importance of this agreement in advancing the long-term modernization plans for the refinery and contributing to Uzbekistan's energy security objectives. Air Products' Chairman, President, and CEO, Seifi Ghasemi, emphasized their position as a global hydrogen leader, expressing confidence in their ability to enhance the refinery's capabilities and thereby support the growth of the oil and gas sector in Central Asia.
The collaboration is seen as a crucial step towards a more sustainable and energy-independent future for Uzbekistan. By leveraging Air Products' expertise in hydrogen production and fueling infrastructure, the partnership is expected to drive cleaner operations and aid the country in achieving its energy goals. This initiative aligns with Uzbekistan's broader strategy of transitioning towards cleaner energy sources and reducing environmental impact in the region.