The President of Turkmenistan discussed cooperation in the fuel and energy sector with the head of Daewoo Engineering & Construction Co., Ltd.
13:54 01.07.2026 850
On June 29, President of Turkmenistan Serdar Berdimuhamedov received Jeong Won-ju, Chairman of the Board of Daewoo Engineering & Construction Co., Ltd., who was visiting our country, TDH reports.
The President of Turkmenistan expressed confidence that the meetings Jeong Won-ju will hold during his visit to our country will be successful and will contribute to strengthening bilateral cooperation.
During the conversation, it was noted that Turkmenistan highly values its friendly and mutually beneficial relations with the Republic of Korea. This is clearly demonstrated by the effective operations of major Korean companies in various sectors of our country, primarily in the oil and gas and chemical industries.
In this regard, the head of state noted that a constructive partnership has been established between Turkmenistan and Daewoo Engineering & Construction Co., Ltd. The company is currently implementing a project to build a mineral fertilizer production complex at a chemical plant in Turkmenabat, Lebap region. As emphasized, this project will not only supply the domestic market with domestic chemical products but also expand exports.
In turn, the businessman expressed gratitude to the President of Turkmenistan for the trust placed in him and the conditions created for effective work, emphasizing that it is a great honor for the company he leads to contribute to the economic development of our country.
Transactions for the export of LNG and jet fuel were entered at exchange trading
On Monday, August 22, 12 transactions were concluded at the State Commodity and Raw Materials Exchange of Turkmenistan for a total of $5.4 million, the ORIENT news agency reported.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan
Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation
On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.
