TASHKENT, Uzbekistan, April 6. Uzbekistan's Saneg (the largest private oil and gas company) has started deliveries of SEG Motol Diesel 10W-40 and API CI-4/SL synthetic and semi-synthetic oils, Trend reports.
According to the company, the synthetic and semi-synthetic oils are manufactured at Saneg's Italian plant in Bari.
Earlier, the company announced the acquisition of CGC Lubricants Italy S.P.A., an Italian manufacturer of high-quality automotive and industrial oils and lubricants.
CGC Lubricants Italy has entered into a strategic cooperation agreement with SEG Motol (a subsidiary of Saneg), which is a leading producer of technical oils in Uzbekistan.
As a result of the transaction, CGC Lubricants Italy was renamed SANEG OIL ITALY S.P.A.
Saneg will also gain a significant share in the Italian and European lubricants market thanks to access to an extensive distribution network in Italy, France, Spain, and Portugal, where up to 26,000 tons of products are supplied annually, while CGC Lubricants Italy will act as a strategic supplier of high-tech products for FOR, thus ensuring uninterrupted supplies to the Uzbek market and beyond.
Meanwhile, Saneg has completed the first stage of technical modernization of its oil and gas production infrastructure facilities, aimed at a significant reduction in methane emissions.