Duran Petroleum has always been one of the region’s fastest growing companies. The Company’s primary goal at the moment is to complete the project for modernizing the hydrocarbon processing complex, which will increase processing capacity to 830 thousand tons per year. This project is currently in the project documentation development stage, with subsequent permits and commissioning scheduled for 2024, as well as work on the selection of equipment for processing, storage, and shipment of refined products in accordance with the aforementioned project.

Using the modular complex’s previously mentioned processes, the Company manufactures the following petroleum products:

• naphtha
• fuel oil
• diesel fuel
• heating oil

The project will be implemented as follows:

• Development of design and estimate documentation – 4 months;
• Passing state expertise of the project – 2 months ;
• Performance of construction and installation works – 12 months;
• Commissioning and reaching the design capacity – 6 months

The number of employees will increase from 216 to 500 with the completion of the third phase of the project “Raw Hydrocarbon Processing Complex” and the construction of the facility “Modernization of the Raw Hydrocarbon Processing Complex,” with personnel drawn from the local population, including Duran Petroleum. The organization has begun a training and retraining program. Work is being done to improve the qualifications of employees at all levels. Negotiations to exchange experience with major corporations are currently underway. The Company budgets for these purposes on an annual basis.

The development of the Company does not stop with internal project implementation; for example, in December 2022, a Memorandum of Mutual Cooperation was signed between Uzbekistan and the Company, which provided assistance in obtaining a 7-hectare land plot for the “Construction and operation of a technological complex for hydrotreating and hydro deparaffinization of the diesel fraction and catalytic reforming” in order to obtain high-quality light.

We worked independently to repair the Temple’s interior and prepare it for art painting. Given the societal significance of the facility, all conventions and standards were considered and followed. The complex of works included obtaining an expert opinion on the building’s supporting structures, so we dismantled the floor covering, replaced it with high quality porcelain stoneware, cleaned the walls from old layers of plaster, and carried out a complete installation of the Temple’s new electrical networks. Duran Petroleum believes that the work done to repair the Orthodox Church in our city will give the structure a new look that will please the entire Orthodox community. In addition, in July of this year, a pipeline was built in Tashkent with the assistance of Duran Petroleum for drip watering of green spots along the road. The pipeline ran for four miles.