International oil and gas forum of Turkmenistan to be held in Dubai

International oil and gas forum of Turkmenistan to be held in Dubai

On 24-25 February 2020, the State Concerns “Turkmengaz”, “Turkmennebit” and the State Corporation “Turkmengeology” in partnership with the British consulting company Gaffney, Cline & Associates and the marketing company “Turkmen Forum” will hold an International conference in Dubai (UAE) “TAPI – gas pipeline of peace and cooperation”.

More than three hundred businessmen, oil traders and investors with world-famous names in the global hydrocarbon industry will gather in one of the most prestigious hotels in Dubai – Hyatt Regency Dubai Creek Heights for participation in the two-day event, which will be the first in a series of road-shows under the brand “Oil and Gas of Turkmenistan-2020”.

Among the key speakers of the forum, along with the heads of leading state oil and gas corporations and concerns, are the CEOs of major foreign companies – Gulf Petrochemical Industries Company (Bahrain), SOCAR Trading S. A (Azerbaijan), Vitol (Switzerland), ENI Turkmenistan, CNPC branch in Turkmenistan, Dragon Oil (UAE), “Schlumberger Logelco Inc” (South Africa), “ARETI” (Russia), BP (UK), Petronas Carigali Sdn. Bhd. (Malaysia), “Yugneftegaz” (Singapore).

The flagship event in the oil and gas industry of Turkmenistan, which will be held in one of the main centers of international business, located at the crossroads of three continents – Europe, Asia and Africa, will allow all long-term partners and stakeholders interested in cooperation with Turkmenistan to get first-hand comprehensive and up-to-date information about the development of the Turkmen oil and gas market.

Managers and specialists of the largest oil and gas enterprises of Turkmenistan will have the opportunity to meet with their colleagues and exchange information about innovative technologies that can be successfully used in the domestic oil and gas sector. For this purpose, it is planned to organize visits to the production sites and centers of companies based in Dubai.

The availability of the world’s fourth largest hydrocarbon resources determines the role of the Turkmenistan as one of the key players in the global hydrocarbon-energy arena.

The country has consistently implemented a strategy for the diversified development of oil and gas industries, increasing the production capacity of the petrochemical industry with an emphasis on the environmental friendliness and technology innovations. All this is clearly reflected in the logo of the conference, which harmoniously combines in green, blue and black colors elements that symbolize the Caspian sea, “blue fuel”, “black gold”, national identity and the concept of green development.

The two-day program of the international road show, aimed at attracting foreign investment in the fuel and energy sector of Turkmenistan, provides coverage on the first day of the forum of such topics as “TAPI – gas pipeline of peace and cooperation”, ” Prospects for the development of gas chemical and oil refining industry of Turkmenistan”.

Within the framework of these thematic sessions, the conference participants will be informed about the principles of Turkmenistan’s energy diplomacy, new investment projects in the gas processing sector of Turkmenistan, the activities of the largest and oldest enterprise of the Turkmen fuel and energy complex – the Turkmenbashi complex of oil refineries. New solutions will also be presented to bring Turkmen hydrocarbons and deep gas processing products to world markets.

Promoting investment in the exploration of offshore blocks in the Turkmen sector of the Caspian sea, exploitation of existing oil and gas fields on land under the PSA, the prospects for cooperation with international companies with the aim of optimising production in mature fields, the issues of sectoral digitization is among the themes of the presentations, reports and interactive session in format “questions and answers” which will feature the second final day of the symposium.

The work of the international conference “TAPI – gas pipeline of peace and cooperation” will be covered by news agencies of Russia, Turkey, USA, India, China, Pakistan, as well as specialized local and foreign magazines, newspapers, online media.