Turkmenistan holds international oil and gas exhibition and conference

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ASHGABAT (TCA) — On November 2–4, Ashgabat is hosting the XXII International Exhibition Oil and Gas of Turkmenistan and the conference dedicated to tendencies and perspectives of cooperation in the oil and gas sphere, state newspaper Golden Age reports.

Largest companies from 16 states participate in OGT 2017. Some 300 experts representing international intergovernmental organizations, embassies, foreign companies and mass media have gathered in the Turkmen capital. Heads of ministries of energy of Russia and Georgia, representatives of the European Commission, the US State Department, Office of the President of the Islamic Republic of Afghanistan, International Energy Charter, Exxon Mobil, SOCAR, BP, Hyundai Engineering Co., Ltd, Samsung, Dragon Oil Turkmenistan, Petronas Çarigali (Turkmenistan) Sdn. Bhd, CNPC, ENI, Total, Honeywell and other companies will make reports at the conference.

Companies involved in the development of gas and condensate deposits, production and processing of natural gas, as well as production and export of liquefied gas will demonstrate their expositions.

Discussion of the prospects of the development of international, regional and national oil and gas industry and marketing strategy will be held during the conference. Specialists will make analysis of the trends at oil, gas and other hydrocarbon processing and transportation markets.

The agenda of the conference will include issues related to the development of petrochemical complex of Turkmenistan as it is the sphere where international cooperation, foreign investment and technical innovations are to play a leading role.

The agenda includes the construction of new facilities for processing of gas in Turkmenistan’s Central Karakums — Bagaja petrochemical complex for production of 80 thousand tons of styrene-butadiene rubber and 45 thousand tons of polystyrene per year as well as a plant for processing of 2 billion cubic meters of gas and production of 70 thousand tons of liquefied gas in Ilyanly, Dashoguz Velayat, and a production unit for 200 thousand tons of low pressure polyethylene.

These projects of are very important for the states participating in the projects and require considerable financial resources, application of modern achievements of science and technology as well as joint decisions together with international, regional and local companies and financial institutions, which will also be the subject of discussion at the gas forum.

Sergey Kwan

TCA