Fergana Oil Refinery eyes to supply gasoline to Afghanistan 

BUSINESS 22:30 / 24.07.2019 1861

PT Trans Asia Resources, registered in Indonesia, plans to supply Afghanistan with up to 1 million tons of petroleum products from the Fergana Oil Refinery (FOR) from 2020, Prime reports.

In early April, President of Uzbekistan Shavkat Mirziyoyev signed a decree on measures to modernize the Fergana Oil Refinery by attracting direct investment from the PT Trans Asia Resources.

“Trans Asia Resources has signed an agreement with the Afghan authorities to supply up to 1 million tons of petroleum products,” a representative of the refinery said. The document was signed at the first meeting of the Uzbek-Afghan Intergovernmental Commission (IGC) on trade-economic cooperation in Tashkent on July 17.

The representative of the plant said that the supply of petroleum products, in particular, gasoline and diesel fuel, may begin from 2020, after the conclusion of firm contracts with commercial structures of Afghanistan. 

According to him, in the future, it is also planned to organize the supply of products to Tajikistan and Kyrgyzstan.

Earlier, a representative of the Afghan government reported during the first meeting of the IPC of the two countries that Afghanistan plans to buy up to 30,000 tons of liquefied petroleum gas (LPG) per year from Uzbekistan. 

In addition, the parties are also exploring the possibility of contracts for the supply of petroleum products to Afghanistan on tolling terms. An intergovernmental contract may be signed before the end of the year.

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