The XXVIII International Conference and Exhibition “Oil and Gas of Turkmenistan – 2023” (OGT 2023), which will be held on October 25-27 in Ashgabat, takes an active position in covering the latest events related to the energy transition, being a platform for voicing expert opinions and strengthening partnerships and developing strategies.
The major forum will bring together high-level executives to exchange ideas and experience on key issues in the oil and gas industry, as well as provide access to the latest information on priority projects and areas of investment in the fuel sector of Turkmenistan.
The international corporation CNPC, which has become a platinum partner of OGT 2023, is taking an active part in the upcoming main event of the regional energy market.
CNPC supports the transition to a green and low-carbon development model, adhering to the originally developed strategy of “clean alternative, strategic replacement and green development”, with the goal of achieving “near-zero” carbon emissions by 2050. The company uses innovative technologies as a driving force and provides all areas of its activities with the latest achievements.
In 2023, the company continued to deepen institutional reform in the field of science and technology and continues to improve the decision-making system in the field of technological innovation.
Turkmenistan, as one of the richest countries in terms of natural resources, is of great interest to China as a partner in supplying China with natural gas.
CNPC began its work in Turkmenistan with oil and gas investments and the provision of engineering and technical services in oil and gas fields in 2002. In 2007, a Production Sharing Agreement was signed for the contract territory “Bagtyyarlyk” and a contract for the purchase and sale of natural gas between the State Concern “Turkmengas” and CNPC. In August of the same year, a project for the development of a field on the right bank of the Amu Darya River was officially launched.
The project is being implemented in the contract territory of Bagtyyarlyk, which includes sections A and B. During the work carried out, pipelines, a gas collection station, a general gas collection station, a purification plant were built, and the pumping of commercial natural gas into the Turkmenistan-China gas pipeline was established.
