Tashkent, Feb. 8 -- Jizzakh Petroleum, an oil and gas company focused on developing Uzbekistan's energy sector, has announced significant progress in the construction of a new gas chemical complex based on methanol-to-olefins (MTO) technology.

The MTO project has no comparison in the CIS region based on both the planned scale and technical capabilities of the plant.

When completed, the new state-of-the-art gas chemical complex is expected to process 1.5bcm of natural gas per annum and manufacture more than 700 kta high-quality polymers used in many sectors of the worldwide economy.

Successful completion of the project will further diversify Uzbekistan's economy, develop its domestic textile, chemical and parapharmaceutical industries, ...