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The projected cost of the Olin Yo’l GTL project in Uzbekistan ( earlier post ) will hit $5.6 The project will produce 37,610 barrels per day (bbl/d) of GTL diesel, GTL kerosene, GTL naphtha and LPG using natural gas supplied by Uzbekneftegaz from the Shurtan fields. The majority of production will be GTL diesel and GTL kerosene.
This green energy corridor could help shore up energy security in the European Union, replacing the Russian natural gas that Europe used to import. After the collapse of the Soviet Union, production and export of oil and gas proved instrumental in lifting Azerbaijan out of post-Communist poverty. It could help the E.U.
Now they’re ramping up production and building a fleet of gigantic auto-carrier ships—it certainly appears that they’re planning to flood the global market (they’re exporting gas-burners too). It’s building factories in Brazil, Thailand, Hungary and Uzbekistan, and will soon break ground on a plant in Mexico. You will die.
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