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A working group consisting of senior officials from the Ministry of Energy and Uzbekneftegaz paid a visit to Saudi Arabia, UZ DAILY reported.

The purpose of this visit is to accelerate the formation of the National Renewable Energy Research Institute, established by the Ministry of Energy.

During the visit, issues of joint implementation of new promising projects with leading companies in Saudi Arabia, the development of scientific potential in the use of hydrogen and renewable energy sources in various sectors of the economy, the attraction of international grants, and the establishment of partnerships with scientific institutions, centers and experts were discussed.

In particular, negotiations and round tables were held with Saudi Aramco, SABIC, Air Products and AKWA Power.

During the visit to Saudi Aramco, presentations were made by specialists in the field of oil and gas processing and field exploration. Information is given on the implemented modern technological solutions, innovative developments. On the part of Uzbekistan, the research center “Saudi Aramco Global” was presented with proposals in several areas of cooperation.

It should be noted that Saudi Aramco is the world’s largest oil reserves and production company. The company owns 99% of Saudi Arabia’s oil reserves. The petrochemical company SABIK, founded under the founding of Saudi Aramco, is one of the growing companies producing modern engineering polymers with high added value, consisting of modern green technologies that combine a combination of innovation and technology. The company produces and supplies to consumers about 15 million tons of polymer products per year.

During the negotiations, Saudi companies showed interest in the projects “Construction of a gas chemical complex based on MTO technology” and “Production of alkylbenzene for detergents” implemented by Uzbekneftegaz JSC. An agreement was reached on cooperation in the formation and implementation of working groups on projects.