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Turkmenistan, UAE to discuss investment projects

Business Materials 10 June 2021 10:15 (UTC +04:00)
Turkmenistan, UAE to discuss investment projects

BAKU, Azerbaijan, June 10

By Jeila Aliyeva - Trend:

Turkmenistan and the UAE will discuss investment projects, as well as issues of cooperation in the areas of interest, Trend reports with reference to Turkmenportal information portal.

The discussions will be held following the arrival of the Turkmen delegation in the UAE. The Turkmen delegation has already left for the UAE.

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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