On October 22, as part of the International Conference “Oil and Gas of Turkmenistan” (OGT 2026) held in Ashgabat, a ceremony of signing cooperation agreements between Turkmenistan’s state concerns and their international partners took place.
In particular, five bilateral documents – two memoranda of understanding and three contracts – were signed with partners from China, Malaysia, Uzbekistan and Kazakhstan.
A Memorandum of Understanding was signed between the Türkmennebit State Concern and the China National Offshore Oil Corporation (CNOOC) regarding cooperation in the Turkmen sector of the Caspian Sea.
A separate Memorandum of Understanding was signed between the Türkmennebit State Concern and the Malaysia Petroleum Resources Corporation (MPRC), covering cooperation in the sphere of oil and gas services and equipment.
The Türkmennebit State Concern also signed two contracts for the procurement of various types of pipes. The one was made with the Chinese company Tenergy Equipment & Technology Co., Ltd., and another was concluded with the Kazakhstani company KSP Steel.
Additionally, the Türkmengaz State Concern signed a contract for the procurement of various types of pipes with the Uzbek entity Galperin Tashkent Pipe Plant LLC.
Commenting on the agreements signed, the international partners highlighted the high level of the organization of the oil and gas conference and exhibition in Ashgabat and the strategic nature of their long-term cooperation with Turkmenistan.
The President and CEO of the Malaysia Petroleum Resources Corporation (MPRC) Mohd Yazid Jaafar emphasised, “We are grateful for this agreement and the mutual understanding reached; we look forward to working together with the Türkmennebit State Concern and other concerns in Turkmenistan to develop the oil and gas sector. We hope that we can bring mutual benefits in various aspects, including smart technologies, and in initiatives aimed at the effective development of the oil and gas industry.”
The Commercial Director of KSP Steel (Kazakhstan) Baurzhan Kozhabekov noted, “For us, cooperation with neighbouring countries like Turkmenistan is of great importance. We would like to thank the Turkmen side for their trust and for the fruitful cooperation that has been ongoing for four years now.”
