Turkmenistan to attract foreign investments in energy complex

Turkmenistan Materials 21 February 2016 12:02 (UTC +04:00)

Ashgabat, Turkmenistan, Feb. 21

By Huseyn Hasanov- Trend:

President of Turkmenistan Gurbanguly Berdimuhamedov gave a number of instructions to further strengthen production capacity of fuel and energy complex, introduce innovative technologies in the sector, as well as to attract foreign investments in large infrastructure projects, the message of the Turkmen government said Feb. 21.

This issue was raised at a meeting of the country's Cabinet of Ministers. Deputy prime minister, director of the State Agency for Management and Use of Hydrocarbon Resources under the President of Turkmenistan Yagshygeldy Kakayev spoke with the report.

In particular, the state of affairs in the structural units of the fuel and energy complex, as well as the measures taken to implement "The development program of oil and gas industry of Turkmenistan for the period until 2030" was presented in the report.

The president of Turkmenistan said that along with the expansion of work on the development of hydrocarbon fields of the country, increase in oil and gas production, priority is given to modernization and technical upgrade of the oil and chemical complex, construction of modern gas processing plants, according to the message.