Air Products Reveals Fergana Refinery Hydrogen Asset Acquisition (Exclusive)
Date
9/13/2024 12:25:51 AM
(MENAFN- Trend News Agency)
BAKU, Azerbaijan, September 13. US Air Products
envisions playing a significant role in the development of
Uzbekistan's hydrogen market and energy security through the
recently announced Acquisition of hydrogen assets at Fergana
Refinery, Vice President of Air Products at Central Europe and
Central Asia Vaclav Harant told Trend .
"We want to help Uzbekistan establish a strong hydrogen
infrastructure by using our 60 years of global hydrogen production
and distribution experience. The recent Fergana refinery hydrogen
asset acquisition supports our objective to improve energy security
and sustainability. We will supply the refinery with reliable
hydrogen and create a hydrogen merchant market to serve
Uzbekistan's economic and environmental goals, boosting its
industrial gas industry," he said.
Vaclav Harant noted that besides passing on knowledge and
expertise, taking the personnel skillset to the next level and
making sure operational safety is top-notch are crucial for the
company.
"We will implement our best practices to maintain a secure
working environment. Operational discipline, combined with
safety-first protocols, will optimize hydrogen production
processes, ensuring efficiency, reliability, and the wellbeing of
our workforce," the vice president of the company stressed.
He also added that Air Products' comprehensive safety strategies
include rigorous training programs, regular safety audits, and the
adoption of advanced safety technologies to mitigate risks and
enhance overall operational performance.
Meanwhile, Air Products has signed a $140 million deal to
acquire Saneg's (Uzbekistan's private oil and gas company) hydrogen
production assets at the Fergana Oil Refinery.
This acquisition is right up the refinery's alley in terms of
their global modernization process and represents a crucial move in
the expansion and optimization of their production capabilities.
Crucially, the project will pave the way for broader commercial
utilization of hydrogen on the industrial production market in
Uzbekistan.
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