Bukhara Oil Refinery Plans to More Than Double Oil Product Output
The Bukhara Oil Refinery plans to increase its annual oil product output from 2.1 million to 4.6 million tons as part of a project with an estimated cost of $1.8 billion.
The expansion plans for the enterprise were presented to the President of Uzbekistan, Shavkat Mirziyoyev, on November 12. The construction of new units is scheduled for 2028. To implement the project, the refinery expects to attract technology companies from China, France, the USA, and Azerbaijan.
After the expansion, the refinery plans to produce up to 2.7 million tons of automotive gasoline, 1.24 million tons of diesel fuel, and 500,000 tons of aviation kerosene annually. The project also includes the development of benzene and other petrochemical product production.
A separate project worth $328 million involves modernizing the existing production facilities and constructing lines for the production of Euro-5 standard AI-92 and AI-95 gasoline. These are planned to be launched in the second quarter of 2029. The estimated capacity will be 1.1 million tons of gasoline per year. By reducing expenses on imported fuel additives, the enterprise expects to save up to $150 million annually and create 200 jobs.
The Bukhara Oil Refinery has been operating since 1997 and is designed to process 2.5 million tons of oil and gas condensate per year. In the first nine months of 2026, the refinery processed over 1.5 million tons of raw materials and produced nearly 1.5 million tons of oil products. Its net profit amounted to 2.2 trillion Uzbekistani soms, or approximately $184 million according to the exchange rate of the Central Bank of Uzbekistan on November 13.
