TASHKENT, Uzbekistan, September 20. Uzbekistan’s Saneg (the largest private oil and gas company) opened a new terminal of SEG TASCO (a subsidiary of Saneg) in Fergana, Saneg told Trend.
The new terminal was created to implement a number of state decrees and is aimed at improving the quality of service in the region.
In the course of the project, construction and repair work worth more than 15 billion soums ($1.1 million) was carried out, which made it possible to ensure round-the-clock supply of various types of gasoline and diesel fuel. The loading and clearance process was reduced from one day to one hour.
“We can supply up to 2,000 tons of fuel per day, which will ensure a reliable supply of vehicles in the Fergana Valley, especially in the winter period,” terminal manager Furkatjon Khamidov noted.
Meanwhile, Saneg will invest around $350 million (excluding VAT) in a project on capacity utilization and upgrading of the Fergana oil refinery in the coming years.
Saneg is implementing the project at the Fergana oil refinery by 2025. The project envisages a significant increase in processing depth, from the current 84 percent to 93 percent and higher.