Dragon Oil will switch to zero gas flaring in Turkmenistan by 2027
15:13 02.11.2023 11217
The Dragon Oil company plans to switch to zero gas flaring in Turkmenistan by 2027. This was announced by Dragon Oil CEO Ali Rashid Al-Jarwan, emphasizing that this will make hydrocarbon production environmentally friendly.
“Currently, we use 70 percent of the gas we produce, but in three years we hope to reach 100 percent, which will make our hydrocarbon production environmentally friendly for Turkmenistan,” said Ali Rashid Al Jarwan, speaking at the International Oil and Gas Conference Turkmenistan 2023", which was held in Ashgabat on October 25-27.
Emirati company Dragon Oil recently completed a 3D scan of the field in collaboration with its partner Türkmennebit. This scanning process allows for more precise definition of sediment contours and precise placement of drilling points, the company's CEO noted.
Over 500 delegates registered to participate in TIF 2024
Next week, the capital of Turkmenistan will host the Investment Forum TIF 2024, which will discuss the strategy for developing the national economy, attracting foreign investment and strengthening international cooperation. The upcoming forum will be especially large-scale: it will be attended by more than 500 delegates, including representatives of government agencies, the private sector, international organizations and foreign investors.
Scientific and practical conference "Caspian Sea - a sea of friendship and peace" was held in Avaza
On August 11-12, the Avaza National Tourist Zone hosted celebrations dedicated to the Caspian Sea Day, the website of the Ministry of Foreign Affairs of Turkmenistan reports.
Turkmenistan leads Central Asian countries in UAE investments
Turkmenistan attracts the largest volume of foreign direct investment from the United Arab Emirates among Central Asian countries. Our country accounts for 65.4% of all UAE investments in the region, which amounts to 8 billion US dollars. Such data is provided by the Eurasian Development Bank (EDB).
Representatives of Turkmenistan and Sweden discussed opportunities to expand cooperation
Turkmen-Swedish political consultations were held in Stockholm, during which opportunities to expand bilateral relations were discussed, the Ministry of Foreign Affairs of Turkmenistan reports.
Turkmenistan launched initiatives to expand partnerships within the framework of the EU-Central Asia format
A regular meeting of the heads of the foreign affairs agencies of Central Asia and the European Union in the «EU – Central Asia» format opened on November 22 in Dushanbe, the website of the Ministry of Foreign Affairs of Turkmenistan reports. The meeting was attended by a delegation of our country led by Deputy Foreign Minister Vepa Khadzhiev.