Japanese companies active in fuel and energy sector of Turkmenistan

Oil&Gas Materials 6 May 2019 14:26 (UTC +04:00)

Ashgabat, Turkmenistan, May 6

By Huseyn Hasanov – Trend:

Japanese companies are actively operating in the fuel and energy complex (FEC) of Turkmenistan, Trend reports referring to the speech of the Japanese ambassador Katsumata Takahiko at the Oguz Khan University of Engineering Technologies published in the media.

Currently, Japanese companies carry out their activities in the process of purification and processing of natural gas of Turkmenistan, and the production of chemical products such as polyethylene and polypropylene (Toyo Engineering), fertilizers (Kawasaki Heavy Industries, Mitsubishi Corp.) and complete factory equipment that produces petrol (Kawasaki Heavy Industries, Ltd.)

In addition, they contribute to the implementation of construction projects for gas turbines and thermal power plants (Sumitomo Corp.) in order to supply electricity to Afghanistan. "These projects will bring great power in the socio-economic development of Turkmenistan, in particular, by diversifying industry, acquiring foreign currency, stimulating imports and alternative industries, creating jobs. It also contributes to the stabilization of neighboring countries and regions," the diplomat said.

It was noted that these projects are supported by technologies created in Japan.

"Technology is something that is constantly evolving, so new products are produced on the market one by one, and life becomes easier for us. These technologies will change not only the people’s lives, but also the functions, structures of government, society, economy, and other things. Science and basic research are the sources of these technologies," said Katsumata.

Diplomatic relations between Japan and Turkmenistan were established on April 22, 1994. President of Turkmenistan Gurbanguly Berdimuhamedov visited Japan three times - in 2009, 2012, 2015, while Prime Minister of Japan Shinzo Abe visited Turkmenistan in October 2015.