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Turkmenistan to sign contract with UAE’s company to buy equipment

Business Materials 7 September 2020 10:55
Turkmenistan to sign contract with UAE’s company to buy equipment

BAKU, Azerbaijan, September 7

By Jeila Aliyeva - Trend:

Turkmenistan’s Turkmenaragatnasyk Agency (Turkmen Communications) will sign a contract with the UAE’s Vialeh FZE for the purchase of equipment, software and licenses for the modernization of the videoconferencing system, Trend reports with reference to Turkmenistan’s State News Agency.

The corresponding decree authorizing the concluding of the above-mentioned contract was signed by President of Turkmenistan Gurbanguly Berdimuhamedov.

With the implementation of this agreement, video conferencing equipment will be installed and put into operation in Turkmenistan.

The UAE companies are actively operating in the Turkmen energy market.

As reported, earlier, the UAE's Petrofac oil and gas company expressed its readiness to continue cooperation with Turkmenistan in the development of the Galkynysh gas field.

Galkynysh field, with a total area of more than 4,000 square kilometers, includes more than 40 wells, the production rate of each reaches on average 2 million cubic meters of gas per day.

Hyundai, LG (Republic of South Korea), CNPC (China), Petrofac, Gulf Oil & Gas International Fze (UAE) were involved in the development of Galkynysh field at different stages.

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Follow the author on Twitter: @JeilaAliyeva

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