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Air Products to buy hydrogen production assets in Uzbekistan
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Air Products to buy hydrogen production assets in Uzbekistan
Aug 21, 2024 2:35 AM

TASHKENT, Aug 21 (Reuters) - Uzbekistan's Saneg, which

owns the Ferghana oil refinery, has agreed to sell its hydrogen

production assets to United States' Air Products for

$140 million, the Uzbek company said on Wednesday.

"The acquisition includes a steam methane reforming unit,

capable of processing either 100% natural gas or LPG for high

reliability operations," it said in a statement, adding that the

deal is expected to close in the fourth quarter.

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