The Oil and Gas of Turkmenistan (OGT 2016) annual summit will be held on December 7-8, in Ashgabat with participation of the Turkmen Chamber of Commerce, according to an updated report, read a message from Turkmenistan’s Oil and Gas Complex.
The event’s organizer is the UK Summit Trade Events.
Turkmenistan ranks the second in CIS after Russia in terms of volume of natural gas reserves.
Currently, the country delivers gas to Iran and China. In accordance with the program for developing the oil and gas industry, Turkmenistan plans to increase the annual natural gas production to 250 billion cubic meters and oil production to 110 million tons in 2030.
In order to fulfill these tasks, the country will continue the large-scale work on exploration, production, transportation and refining oil, natural gas, as well as on providing the domestic market with oil products. (Trend/Business World Magazine)