Currently, work is underway to prepare for the international exhibition and conference "Oil and gas of Turkmenistan-2020", which is scheduled to be held in Ashgabat on October 28-30 this year. This was reported by Vice-Chairman of the Cabinet of Ministers Myratgeldi Meredov at the government meeting held last Friday by President Gurbanguly Berdimuhamedov via videoconference.
The Deputy Prime Minister also reported on the measures taken for the further dynamic development of the oil and gas complex, the promotion of a number of major investment projects aimed at increasing the production capacity and diversification of the industry, increasing the production of oil and gas chemical products.
Summing up the report, the head of the state emphasized the importance of implementing programs for the development of the fuel and energy complex aimed at strengthening its industrial and export potential, modernizing the industry infrastructure through the use of innovative technologies and advanced developments.
Currently, the main task is to maintain high growth rates of the oil and gas industry, as well as investment activity, and increase the volume of production of own production, the President said.
The head of state emphasized the need to strengthen mutually beneficial partnership with leading foreign companies that have advanced experience and innovative technologies that can improve the efficiency of oil and gas field development.
In this regard, a significant role is assigned to specialized industry forums held in the country, Gurbanguly Berdimuhamedov said.
The President instructed the Vice-Chairman to organize the exhibition and conference "Oil and gas of Turkmenistan-2020" at a high level, which are designed to demonstrate the multifaceted potential and promising directions for further development of the domestic fuel and energy sector.