Turkmenistan increases production of export-oriented polymer products
19:53 27.08.2020 1676
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 results of the development of the fuel and energy complex for January-July of this year were discussed at a government meeting
Last Friday, President Gurbanguly Berdimuhamedov held a meeting of the Cabinet of Ministers via digital video communication, at which the results of the development for seven months of the year of all sectors of the national economy, including the fuel and energy complex of Turkmenistan, were discussed.
The head of Turkmenistan stated priorities of cooperation within the CIS
Changing world realities demand from the CIS a timely and adequate response, embedding in new coordinates of interaction. It was stated by the President Gurbanguly Berdimuhamedov in an interview to the International Television and Radio Company «Mir», answering a question about the prospects for Turkmenistan's cooperation within the Commonwealth.
Gasoline produced by TCOR is among the export transactions on the exchange of Turkmenistan
12 transactions were registered at the State Commodity and Raw Materials Exchange of Turkmenistan last week.
The industry meeting discussed the results of the fuel and energy complex for 7 months of 2020
Today, on August 17, in the Central building of the oil and gas complex of Turkmenistan, a reporting meeting was held under the chairmanship of Vice-Chairman of the Cabinet of Ministers Myratgeldi Meredov, at which the results of the work of industry enterprises for seven months of 2020, held under the motto "Turkmenistan - Homeland of Neutrality" were discussed.
CHRONICLE OF THE ERA OF POWER AND HAPPINESS - YEAR 2020
The oil and gas industry is the leading sector of the national economy, that plays a significant role in the programs of the country's socio-economic development on an innovative basis, approved by President Gurbanguly Berdimuhamedov, and expanding its export opportunities.