Japanese companies sign new petrochemical contracts in Turkmenistan

Business Materials 24 October 2019 19:34 (UTC +04:00)

ASHGABAT, Turkmenistan, Oct. 24

By Huseyn Hasanov – Trend:

Japan will continue cooperation with Turkmenistan in the development of petrochemical industry in the country, Trend reports Oct. 24 referring to the Turkmen Altyn Asyr TV channel.

In Tokyo, a memorandum was signed between the Turkmengaz State Concern and a group of Japan’s Kawasaki and Sojitz companies on design and construction of second plant of gasoline production in the Ovadandepe town of Turkmenistan’s Ahal province.

The Turkmenhimiya State Concern signed an addition to the framework agreement with a group of Mitsubishi (Japan) and Gap Insaat (Turkey) companies on cooperation in developing a project for the construction of a new ammonia and urea plant in Turkmenistan.

Turkmenhimiya State Concern also signed an agreement with a consortium of Sojitz (Japan), TTCL Public Company Limited (Thailand), Ronesans (Turkey) companies on the design and construction of a concentrated phosphate fertilizer unit in a chemical plant in Turkmenabat city of Turkmenistan’s Lebap province.

A number of major projects have already been implemented with the participation of Japanese companies. They include a complex of plants for the production of ammonia and urea in Mary province, a Garabogazkarbamid plant and a polymer complex in Balkan province, a plant for processing gas into gasoline in Ahal province.