Saturday, 27, April, 2024

The Ferghana Oil Refinery (FNQZ) increased the production of AI-80 and AI-92 gasoline. With the onset of the winter period, the FNQZ increased the production of AI80 gasoline by more than 50 percent. If from January to November of the current year, the refinery produced daily an average of 800 tons, then as of December 14, this figure was increased to 1,250 tons.

The growth in refining was made possible thanks to a targeted upgrade of the plant’s production capacities and investments drawn by Saneg oil and gas company (which owns the FNQZ since June 2022). In total, Saneg intends to double the refinery rate during the year, from 1 million tons to 2 million, having contributed more than $400 million to modernize the FNQZ.

In addition, the production of AI92 gasoline was also increased. At least 500 tons are put up for auction every day.

“Today, all the resources of the enterprise are aimed at providing the public with affordable fuel, in particular, gasoline. The recent abolition of the excise tax has significantly affected the market, and demand has increased markedly. However, we changed the production program before that, back in November, adjusting the workload of the enterprise, and realizing the proximity of the autumn-winter maximum period. In addition, the plant has reached a new level in terms of technological processes - today, thanks to the use of modern technologies, we have determined the most efficient parameters of equipment operation when mixing raw materials. All finished gasoline is put up on the stock exchange to form a free market price,” said Khabib Latipov, director of the enterprise.

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