Arzuw NEWS - Turkmenistan news

OGT-2020 Day Two: What Oil and Gas Industry Experts Discussed

The XXV International Conference "Oil and Gas of Turkmenistan-2020" ended on October 29. The final day of the forum was rich and the participants discussed a number of topical issues of oil and gas sphere of Turkmenistan.

Thus, the first session was devoted to Attracting investment to develop offshore blocks of the Caspian Sea. The participants were presented information on the hydrocarbon potential and geological and geophysical features of the Caspian Sea. The heads of PETRONAS Carigali (Turkmenistan) Sdn Bhd and Dragon Oil spoke about investment activities. O. Shumovsky, representative of LUKOIL-Nizhnevolzhskneft, shared his experience in developing offshore oil and gas fields.

Next, the participants discussed the following topics investment development, efficiency and environmental safety of the oil and gas sector of Turkmenistan. The delegates were addressed by executives of the polymer plant in Kiyanly and the gasoline plant in Ovadandepe of Turkmengaz, the general director of Schlumberger Logelco, Inc. and executives of TKNPZ, NAPECO and others. Among others, this session considered prospects of sales in the foreign market of ECO-93 gasoline.

Scientific expert at the Oxford Institute for Energy Studies J. Bowden shared the gas market outlook with participants in an online format.

The conference also included meetings of Turkmenistan's oil and gas sector leaders with foreign partners.


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