Uzbek authorities last week announced the government’s intention to sell the Fergana Oil Refinery LLC, the second-largest refining complex in the country. The announcement was posted on the website of the state Agency for Attracting Foreign Investments. The application process is open to all interested parties.
The Fergana oil refinery has been operating since 1959. At the moment, the complex produces 60 types of products including base oils and finished lubricants. The refinery’s base oil plant has capacity to produce 450,000 metric tons per year of API Group I base oils, according to Lubes’n’Greases’ Global Guide to Base Stock Refining.