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Turkmenistan invites int'l investors for Galkynysh field development projects

Oil&Gas Materials 25 April 2024 12:09 (UTC +04:00)
Aman Bakiyev
Aman Bakiyev
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ASHGABAT, Turkmenistan, April 25. Turkmenistan can offer international investors projects for the development of Turkmenistan's Galkynysh large gas field, Trend reports.

This was stated by the Advisor to the President of Turkmenistan on oil and gas issues, Ashirguly Begliev, during the International Forum to Attract Foreign Investments in Turkmenistan's Energy Sector, which is taking place in Paris.

He noted that Turkmenistan can also offer international investors projects for the development of promising blocks on the Turkmen shelf of the Caspian Sea, the effective development of solar and wind energy, and the supply of reliable, sustainable, environmentally friendly energy to global markets.

Meanwhile, the purpose of this event is to increase the chances of attracting foreign direct investment in all segments of the energy sector of Turkmenistan and improve the regional debate on the future sustainable development of energy.

Data from the Turkmengaz State Concern shows that the country's hydrocarbon resources are estimated at more than 71 billion tons of oil equivalent.

This volume includes more than 20 billion tons of oil and more than 50 trillion cubic meters of natural gas.

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