Turkmenistan aimed at oil & gas co-op with Bahrain
Ashgabat, Turkmenistan, Feb. 26
By Huseyn Hasanov – Trend:
A delegation of the Gulf Petrochemical Industries Company (GPIC) from Bahrain led by Chairman of the board of directors of the company Ahmed Ali Al Sharyan is holding business talks in Ashgabat, Trend reports with reference to the Turkmen Foreign Ministry.
As part of the visit, a series of meetings with representatives of Turkmengaz, Turkmennebit state concerns, top managers of oil and gas and chemical complexes have already taken place. During the productive negotiations, some joint oil, gas and gas chemical projects in Turkmenistan and the issues of development of further areas of cooperation were discussed, the report said.
The creation of a joint coordination working group was also discussed.
In June 2018, it was reported that it is planned to build a gas-chemical complex for the production of polypropylene, linear low density polyethylene, polyvinyl chloride, as well as caustic soda, hydrochloric acid, and liquid chlorine in Kiyanly settlement of Turkmenistan.
In addition, a project is underway to build a plant for the production of methyldiethanolamine (MDEA) in Kiyanly by processing 4,000 tons of ethylene gas and 2,000 tons of methanol per year.
The intermediate products of neighboring gas chemical complexes will be used as raw materials at these plants.
Turkmenistan, according to a report of British Petroleum (BP), ranks fourth in terms of natural gas reserves in the world and exports it to China and Iran.