State concern "Turkmengas" and Mitsubishi discussed the implementation of joint projects in the oil and gas industry

Prospects for cooperation in the oil and gas industry were discussed during talks held last Friday via video link in the State concern "Turkmengas" with representatives of the Japanese Corporation Mitsubishi.

The meeting participants noted the great potential for mutually beneficial partnership in the oil and gas industry. The priority aspects of cooperation are diversifying industry, creating a vast infrastructure of export "blue fuel" and innovative industrial complexes specializing in the processing of natural gas, to produce polymers and other chemical products.

In particular, during the online negotiations, issues of preparing a preliminary technical project for the construction of a plant for the production of 10 billion cubic meters of commercial gas per year were discussed. The plant is planned to be built as part of the next stage of industrial development of the “Galkynysh” gas field.

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2014