Int’l gas congress opens in Turkmenistan
Opening of the 7th international Turkmenistan Gas Congress 2016 (TGC 2016) has been held at the congress center of Turkmenistan's Avaza.
The organizers of the event are Turkmengaz state concern and the British Summit Trade Events Ltd.
The forum has brought together about 400 delegates from more than 30 countries of the world. During the event, foreign companies will be able to submit their proposals on investment, introduction of new technologies, supply of modern machinery and equipment for Turkmenistan's fuel and energy complex.
As Turkmenistan's Oil and Gas Ministry said, the issues of financing and attracting investments to the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline and the emergence of new opportunities for Turkmenistan's gas export thanks to the commissioning in Dec. 2015 of the East-West gas pipeline will be discussed during the congress.
Meanwhile, the special session of the congress is expected to discuss the issues related to the development of hydrocarbon resources of the Caspian Sea's Turkmen sector.
Turkmenistan plays the role of one of the key players in the Caspian region's energy market. The country produces about 70-80 billion cubic meters of gas per year, which is exported to China and Iran.
Turkmenistan ranks the 4th in the world for its gas resources.
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