BAKU, Azerbaijan, February 18
By Amina Nazarli - Trend:
Kawasaki Heavy Industries Ltd., major Japanese manufacturer of transportation equipment and machinery, prioritizes contributing to the development of the Turkmenistan economy, the company told Trend.
“Our priority is to maintain good communication with Turkmenistan and contribute to the development of the Turkmenistan economy,” the company said.
The company’s next major project in Turkmenistan will be GTG-2 (Gas to Gasoline plant phase-2), according to the source.
“We have been discussing this project with Turkmenistan and are waiting to be promoted," the company said.
Kawasaki Heavy Industries also stated that they would also like to cooperate with neighboring countries such as Azerbaijan and Uzbekistan.
State Concern Turkmengas' $1.5 billion GTG plant for the production of gasoline from natural gas in the Ovadandepe area of the country's Ahal province near Ashgabat is the world's only one of its kind, reforming natural gas into more valuable gasoline used in motor vehicles.
The plant can produce about 600,000 tons of gasoline, 12,000 tons of diesel fuel, and 115,000 tons of liquefied gas in a year.
Turkmenistan intends to build a second GTG plant adjacent to the existing one in Ovadandepe.