The draft law “On industrial safety of hazardous production facilities” has been adopted in Turkmenistan at a regular meeting of the country’s parliament of the fifth convocation, the Turkmen government said in a message.
The document defines the legal, economic and social framework for ensuring safe operation of hazardous production facilities.
In particular, the law is aimed at preventing accidents, ensuring preparedness of organizations, which operate facilities of such a kind, operative localization and liquidation of consequences of possible incidents.
Turkmenistan is one of the rich countries in natural gas resources. According to BP, the country’s recoverable reserves are estimated at 17.5 trillion cubic meters of gas or 9% of the global reserves, which puts Turkmenistan on the fourth position in this field after Iran, Russia and Qatar. The country has an opportunity to export its gas to China and Iran.
Meanwhile, the economy is being diversified in Turkmenistan – the textile industry and the oil and gas processing industry have achieved progress.
Privatization is mainly carried out in the spheres of construction, trade, communications and services. (Trend/Business World Magazine)