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Turkmenistan to boost cooperation with Hyundai

6 September 2016 15:22 (UTC+04:00)
Turkmenistan to boost cooperation with Hyundai

By Trend

Turkmenistan and South Korea’s Hyundai Engineering company intend to boost the mutually beneficial cooperation, said the message from Turkmenistan’s oil and gas complex.

Hyundai Engineering is Turkmenistan’s strategic partner in the fuel and energy sphere. A number of projects, including the construction of gas a desulphurization plant at Galkynysh field, the project for modernization of the oil refinery in Turkmenbashi city have been implemented successfully in recent years.

“Currently, it is planned to complete the construction of the polyethylene and polypropylene plant in Kiyanly village before the appointed time and at a high level,” said the message.

The project’s cost is estimated at more than $3.4 billion.

Hyundai Engineering opened a Welder Training Center in May in Turkmenistan. This center is meant to pave way for more effective implementation of various projects.

Earlier, a delegation from Turkmenistan visited South Korea. The trainees visited the major industrial facilities of this company, in particular, the Daesan petrochemical complex.

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