Chinese company to supply drill pipes for the oil and gas complex of Turkmenistan

January 23, 2021 | 12:45 |6669

State Concern “Turkmenneft" will conclude a contract with the Honghua International, China, for the purchase of drill pipes of various sizes. As experts predict, due to the quick pace of development of the Turkmen fuel and energy industry and the construction of the TAPI gas pipeline, as well as the signing of a Memorandum of Understanding between Turkmenistan and Azerbaijan on joint development of the “Dostluk” field in the Caspian Sea, Ashgabat will have to increase purchases of machinery, equipment and accessories for the fuel and energy complex. Large-scale projects require large-scale investments.