The XXVI International Conference "Oil and Gas of Turkmenistan-2021", organized by the state concerns "Türkmengaz", "Türkmennebit" and the State Corporation "Türkmengeologiýa" in partnership with the EC "Turkmen Forum" with the support of the British company "GaffneyCline" ".

This year, marked by a glorious date - the 30th anniversary of the independence of our Motherland, this prestigious forum, aimed at strengthening and developing international cooperation in the energy sector, is held not only in the traditional format, but is also broadcast from Ashgabat online to dozens of countries around the world.

Among its participants are the heads of government agencies, relevant ministries and departments, authoritative organizations, as well as representatives of foreign media accredited in Turkmenistan.

Representatives of over 100 companies, large international organizations and banks from more than 30 countries joined the forum's discussions via a digital system.

At the opening ceremony of the forum "Oil and Gas of Turkmenistan-2021", the audience listened with great attention to the Address of President Gurbanguly Berdimuhamedov, directed to its participants.

"The international conference, annually held in order to widely familiarize the world community with the achievements of the country's oil and gas industry and exchange experience with foreign partners, is of great importance in the ongoing work on exploration, development of energy resources and bringing the production potential of the industry in line with international standards," noted in the message of the leader of the nation.

The Address of President Gurbanguly Berdimuhamedov also emphasizes that, being one of the states that export large volumes of energy resources, Turkmenistan is a supporter of the creation of stable international systems for transporting these resources abroad. Diversification of export routes, creation of a multi-vector pipeline system have become the main directions of the energy policy of our independent state.

The plenary session of the current conference was devoted to the trends and prospects for the development of the global energy system. As representatives of the Turkmen side noted, international cooperation in this strategic area is considered by our country as one of the determining factors of general well-being, progress and prosperity. In an effort to put its colossal resource potential at the service of all mankind, Turkmenistan, as one of the world's leading energy powers, consistently contributes to the formation of a new architecture of the global energy system, takes concrete measures to put it into practice.

The General Secretary of the Organization of the Petroleum Exporting Countries (OPEC), Mohammed Sanusi Barkindo, taking this opportunity to congratulate President Gurbanguly Berdimuhamedov and the entire Turkmen people on the significant anniversary - the 30th anniversary of state independence.

In the speeches of foreign participants, special emphasis was placed on the environmental aspect of partnership in the oil and gas sector. Concerning the topic of international cooperation, it was stated that recent years have marked a real breakthrough in the development of interstate relations, the fruits of which have become important joint projects.

Then the work of the conference continued in thematic sessions. The first of them on the topic "Investment opportunities of the oil and gas sector: an overview of investment projects onshore" includes such topical issues for our country as geological exploration in the oil and gas industry, new projects to modernize the production facilities of the TKNPZ, experience and prospects for the development of the Galkynysh field, the latest update its geological model; and the importance of access to low-carbon energy, the future of Turkmenistan's natural gas exports.

In the reports, particular importance was attached to the work carried out within the framework of the "Program for the development of the oil and gas industry of Turkmenistan for the period up to 2030".

Speaking about the urgent tasks set by the head of state Gurbanguly Berdimuhamedov for the near future, the speakers emphasized that, along with the diversification of energy supplies to world markets, great attention is paid to increasing oil production, strengthening the raw material base of the industry through the search and exploration of new hydrocarbon deposits, drilling and workover of wells, including by attracting specialized foreign companies and their capital investments.

A number of documents are expected to be signed within the framework of the current forum. In particular, today a Memorandum of Understanding on the Production of Ammonia and Methanol by Monetizing Natural Gas was signed between the State Concern Türkmengaz and Haldor Topsoe A / S (Kingdom of Denmark); The contract between Türkmengeologiýa State Corporation and Yug-Neftegaz Private Limited (Republic of Singapore) for 3D and 2D studies in the eastern part of the Goturdepinsky oil and gas field in the Balkanak zone in western Turkmenistan and in the South Burun area; The contract for the development and construction of the third shipyard for the processing of oil and oil products at the Coastal oil refining complex of the Turkmenbashi oil refining complex "between the TKNPZ and the Petro Gas LLP company (Great Britain).

The conference will continue its work tomorrow. Participants will discuss a wide range of issues at such thematic sessions as "Investment opportunities of the oil and gas sector: an overview of investment projects onshore and in the Turkmen sector of the Caspian Sea", "Current trends in financing investment projects", "Natural gas and alternative energy sources - the key to the transition to a low-carbon future ”,“ State-of-the-art research and development know-how ”.

During the forum, held in a hybrid format, a live broadcast is provided from the exhibition pavilion of Turkmenistan at the EXPO-2020 World Exhibition (Dubai, UAE), where, simultaneously with Ashgabat, a session is held on the topic: “Natural gas and alternative energy sources are key resources in the transition to a low-carbon future ”.

On the sidelines of the forum, meetings are also scheduled between representatives of the domestic fuel and energy complex and their foreign partners to discuss areas for further cooperation.