South Korean company «Hyundai» became a silver partner of the investment forum in Paris
10:38 29.03.2024 6307
The South Korean corporation Hyundai Engineering has become the silver partner of the TIEF 2024 forum to attract investments in the energy sector of Turkmenistan, which will be held in April in Paris. This company has been actively working in the Turkmen market for more than 10 years.
The focus of South Korean businessmen is the Galkynysh field, which is gigantic in terms of natural gas reserves. This company already has experience in this field. Thus, in 2013, Hyundai Engineering built gas desulphurization plants here.
In addition, for assistance in the construction of the Kiyanly complex in the Balkan region, the company was awarded a special award for the implementation of one of the most environmentally friendly projects. Together with other large structures, Hyundai Engineering completed the construction of this gas chemical complex to produce 386 thousand tons of polyethylene and 81 thousand tons of polypropylene per year.
The participation of the South Korean company in the upcoming energy investment forum in Paris indicates great interest in continuing cooperation with Turkmenistan in the implementation of large investment projects.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Turkmenistan started exporting gasoline A-98 of EURO-5 and EURO-6 standards
Turkmenistan has started exporting A-98 gasoline of EURO-5 and EURO-6 standards, the first batches were sold to entrepreneurs from the United Arab Emirates and Afghanistan.