Capital investments in amount 159,9 billion manats will be directed to the oil and gas complex of Turkmenistan in the next seven years.

Capital investments in amount 159,9 billion manats will be directed to the oil and gas complex of Turkmenistan in the next seven years. It was said by the President Gurbanguly Berdimuhamedov, representing at the meeting of the Council of Elders the new Program of social and economic development of the country in 2018-2024 which after discussion was approved during the second day of work of Council.

In the oil and gas complex for this period over 6 thousand 900 new workplaces will be created, the President told.

As the head of the state noted, at the plant which was under construction in the settlement of Ovadandepe of Ahal Region it was provided to begin to make in 2024 from natural gas 600 thousand tons of environmentally friendly gasoline of the A-92 brand. 

By this time on the Malay field also the construction of gas-compressor station for the gas pipeline of Turkmenistan-Afghanistan-Pakistan-India will have been complete. 

- And all this will be made by own forces. It is a great cause! – these words of the President were met by applauses of participants of the Council of Elders. 

Among priority tasks for 2018-2024 a construction of a number of industrial facilities in Balkan Region were determined. Among them - a gas-chemical complex on production of polypropylene, polyvinylchloride, the caustic soda, hydrochloric acid and liquid chlorine in the settlement of Kiyanly; the carbamide plant capacity of 1 million 155 thousand tons per year in the city of Garabogaz; building-up of capacity of the entities on production of iodine, bromine and products from them on the basis of conversion of iodine-bromine waters in the territory of the velayat.

The President also noted that during a program implementation of social and economic development of the country in 2018-2024 the active investment policy will be pursued. In general on social and economic development of the country during this period it is provided to allocate the main capital investments for the amount more than 240 billion manats.

 

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