Technip Awarded a Gas-to-Liquids Contract in Uzbekistan

PARIS--(BUSINESS WIRE)--Regulatory News:

Technip (Paris:TEC) (ISIN:FR0000131708) was awarded by Uzbekistan GTL LLC⁽¹⁾ an extension of the existing reimbursable services contract, for the front-end engineering design of a gas-to-liquids⁽²⁾ (GTL) plant, located 40 kilometers south of Qarshi in Uzbekistan.

This plant will be based on Sasol’s world leading GTL technology and will have a capacity of 1.4 million metric tons per year, a similar capacity of the Oryx GTL facility in Qatar implemented by Technip, with following product slate: GTL diesel, kerosene, naphtha and liquid petroleum gas.

This award follows the successful execution by Technip of the first phase contract related to the detailed feasibility study. The front-end engineering activities will be executed by Technip’s operating center in Rome, Italy, with the support of the Group’s center in Kuala Lumpur, Malaysia.

⁽¹⁾ Uzbekistan GTL LLC is a JV company incorporated in Uzbekistan with three shareholders: Uzbekneftegas (Uzbekistan state owned oil and gas company), Sasol Synfuels International (Sasol Group South Africa) and Petronas (a company fully owned by the Malaysian government).

⁽²⁾ Gas to liquids (GTL): transformation of natural gas into liquid fuels (Fischer Tropsch technology).

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