Turkmenistan increases production of export-oriented polymer products
19:53 27.08.2020 12753
According to the State Statistics Committee of Turkmenistan, in January-July 2020, the production of polypropylene in our country increased by 40.5%, polyethylene - by 140% compared to the same period in 2019. At the same time, the physical volume of polypropylene produced amounted to 71.1 thousand tons, and polyethylene - 137.4 thousand tons.
This dynamic growth is due to the planned reaching full production capacity of the region's largest gas chemical complex in the village of Kiyanly in the Balkan region.
The construction of the gas chemical complex in the Kiyanly settlement was carried out under a contract between the State Concern “Turkmengas” and a consortium of companies Hyundai Engineering Go.Ltd, LG International Corp (Republic of Korea) and Toyo Engineering Corp (Japan).
The enterprise with a production capacity of 381 thousand tons of polyethylene and 81 thousand tons of polypropylene per year was commissioned in October 2018.
This project received a special award from the TXF organization (Great Britain) as one of the ten best projects in Europe and Eurasia in 2014, funded by export credit agencies.
The efficient operation of the Kiyanly Gas Chemical Complex will ensure a stable growth in the production of export-oriented products with high added value in Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
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.
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.
UAE President invited to Ashgabat for International Forum of Peace and Trust
Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov extended an invitation to UAE President Sheikh Mohammed bin Zayed Al Nahyan to attend the International Forum of Peace and Trust, which will be held on December 12 in Ashgabat, TDH reports.
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.