Diesel imports increased sevenfold after GTL plant began production

The Customs Committee has launched a database providing information on the most imported goods in Uzbekistan. After analyzing the disclosed data, Kun.uz highlighted the sharp increase in fuel-energy and petroleum product imports.

It was reported that in January-July 2024, Uzbekistan imported $694.2 million worth of fuel-energy and petroleum products. This represents a 52.4% increase compared to the same period last year.

The most significant surge was observed in the import of liquid fuels. While 1,943 tons of liquid fuels were imported in January-July of last year, this figure reached 19,025 tons during the same period this year, marking an increase of 879%, or nearly tenfold.

Fuel oil imports doubled, rising from 416.5 thousand tons to 843.6 thousand tons, an increase of 102.6%.

In January-July, Uzbekistan imported 76.4 million tons of gasoline, which is 28.4 million tons more than the 48 million tons imported during the same period last year, representing a 59.1% increase.

Diesel imports showed a 22.4% increase, with the volume of imports rising from 169 thousand tons to 206.9 thousand tons over seven months.

When comparing diesel imports with January-July 2022 (28.2 thousand tons), there is a 7.3-fold increase.

It's noteworthy that the Uzbekistan GTL plant began producing diesel on June 29, 2022. The plant, built at a cost of $3.42 billion, was expected to produce products that would replace $500 million worth of imports annually.