BAKU, Azerbaijan, October 29. Turkmennebit State Concern of Turkmenistan has signed an agreement with the Chinese Shandong kerui petroleum technology company for the supply of equipment, Trend reports via Orient news.
The contract was signed on the sidelines of the "Oil and Gas of Turkmenistan-2022" International Conference, which started on October 26 in the capital of Turkmenistan, Ashgabat.
The agreement provides for the shipment of equipment for a total amount of over $277,000.
The main activity of the Chinese company is to increase and restore production at oil and gas fields, as well as the development of new energy sources, such as coal bed methane, shale gas and geothermal energy.