Hyundai Engineering is a bronze partner of the International Forum of Turkmenistan in Dubai
09:57 13.04.2023 5186
Hyundai Engineering is a bronze partner of the International Forum on Attracting Foreign Investment in the Energy Sector of Turkmenistan, which will be held on April 26-27, 2023 at the Hyatt Regency Hotel in Dubai. This is reported by the organizers of the upcoming event.
Hyundai Engineering, founded in 1974, has grown into a global company providing engineering solutions in various fields not only in the Republic of Korea but throughout the world. The company is committed to creating values that are based on many years of experience, advanced technologies and human potential.
For 10 years of its activity in Turkmenistan, Hyundai Engineering has successfully implemented several major joint projects, having established itself as a reliable partner, ready to perform the most complex tasks.
In 2013, the company built a gas desulfurization unit at the Galkynysh gas field. In cooperation with LX International Corporation, Hyundai Engineering launched several new process units at the Turkmenbashi Complex of Oil Refineries (TCOR).
In 2018, the South Korean company completed the construction of a new gas chemical complex in the village of Kiyanly in the Balkan region. It is capable of producing 386 thousand tons of polyethylene and 81 thousand tons of polypropylene per year. In the production of products, advanced and environmentally friendly technologies are used.
The $3.4 billion project was implemented by Hyundai Engineering in cooperation with LX International Corporation and TOYO Engineering Corporation. It is noteworthy that even at the design stage in 2014, Hyundai Engineering received a special award from TXF (Trade-Export-Finance) in the UK as one of the ten best environmentally friendly projects in Europe and Eurasia.
President of Turkmenistan holds meeting with Petronas management
President of Turkmenistan Serdar Berdimuhamedov visited the headquarters of Petronas, the country's largest oil and gas company, during his official visit to Malaysia on December 18-19. During the meeting, the head of Turkmenistan discussed with the company's management priority areas of bilateral cooperation, the current state and prospects of partnership between Turkmenistan and Petronas in the energy sector, TDH reports.
Turkmen-Vietnamese business forum aims to realize the potential of bilateral cooperation
On June 29, the capital of Vietnam hosted a Turkmen-Vietnamese business forum aimed at developing new solutions and approaches to realizing the potential of bilateral cooperation and building up trade and economic relations between Turkmenistan and Vietnam. This is reported by the website of the Foreign Ministry of Turkmenistan.
Oil prices fall and end the week in the red, Brent - $108.84 per barrel
Oil prices fall on Friday, ending the week with a decline amid fresh signals that the US economy is slowing down and demand for energy resources may decline, Interfax reports.
Raisi: Iran is ready to continue sending Turkmen gas in a swap to Azerbaijan
Iran is ready to continue sending Turkmen gas to Azerbaijan through its territory. Iranian President Ebrahim Raisi stated this on Wednesday at a meeting with President of Turkmenistan Serdar Berdimuhamedov, the Iranian news agency IRNA reported.
Turkmenistan and Malaysia intend to deepen cooperation in the energy sector
Following the official visit of the President of Turkmenistan Serdar Berdimuhamedov to Malaysia on December 18-19 and talks with Prime Minister Anwar Ibrahim, a Joint Statement and a package of documents were signed, TDH reports.