Turkmenistan to present investment projects at oil and gas exhibition in India

25 January 2019 18:11 (UTC+04:00)

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By Abdul Kerimkhanov

The state concern Türkmengaz will take part in the 13th international oil and gas exhibition and conference Petrotech-2019 from 10 to 12 February.

A major international forum will be held in the city of New Delhi (India), said Deputy Prime Minister Myratgeldy Meredov at a meeting of the Cabinet of Ministers of Turkmenistan on January 23.

"The State Concern will acquaint large world companies with the development prospects of the country's oil and gas industry, implemented by large investment projects, including the construction of the TAPI gas pipeline," Meredov added.

Turkmenistan at the exhibition will demonstrate the achievements and multi-faceted potential of the domestic fuel and energy complex. A large-scale national exposition familiarizing visitors with various projects of the country in the oil and gas industry will be organized.

President Gurbanguly Berdimuhamedov said that such events are useful for sharing experience, attracting investments and new technologies, and establishing direct business contacts with the world's leading oil and gas companies.

Note that many international experts called TAPI gas pipeline the key to economic prosperity of Central and South Asia.

The forum is aimed at developing start-up projects in the oil and gas industry and attracts them to stimulate, develop and expand the use of innovations in the industry.

The forum has been held since 1995, with the official support of the Ministry of Oil and Natural Gas of Indian Government. In 2016, as many as 690 companies participated in the exhibition, and 20,000 specialists from 50 countries visited.

The Petrotech series of International Oil & Gas Conference is a biennial platform for national and international experts in the oil & gas industry to exchange views and share knowledge, expertise, and experiences.

Being held for the last over two decades with growing participation, Petrotech-2019 is the 13th edition of the flagship event of the bustling Indian hydrocarbon sector that is a must-attend one in this part of the globe.

The event aims to explore areas of growth in petroleum technology, exploration, drilling, production and processing, refining, pipeline transportation, petrochemicals, natural gas, LNG, petroleum trade, economics, legal and human resource development, marketing.

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Abdul Kerimkhanov is AzerNews’ staff journalist, follow him on Twitter: @AbdulKerim94