Uzbekistan Puts First Gtl Fuel Batch For Auction
Date
6/29/2023 2:08:01 AM
(MENAFN- trend news agency) baku, azerbaijan, june 29. uzbekistan's
commodity and raw materials exchange has put up the first batch of
gas-to-liquid (gtl) liquefied gas for auction, totaling 161 tons,
with a starting price of 3.1 million uzbekistani soms ($270) per
ton, trend reports.
as uzbekneftegaz jsc, a state-owned holding company of
uzbekistan's oil and gas industry, reported, the fuel will be
supplied to the shurtan gas chemical complex under agreed delivery
terms.
in terms of economics and the environment, lpg holds an
advantage over gasoline and diesel fuels, making it widely used in
industries and automobile manufacturing. when used as a
transportation fuel, liquefied gas emits 10-12 percent less co2
compared to other hydrocarbon fuels during combustion.
moreover, as the company noted, the availability of this fuel
extends to even the most remote areas of the country, improving the
lives of millions of citizens. its accessibility, along with its
favorable environmental characteristics, makes it a valuable
resource with the potential to positively impact both the economy
and sustainability efforts in uzbekistan.
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