BAKU, Azerbaijan, September 12
By Jeila Aliyeva - Trend:
The Turkmenbashi Complex of Oil Refineries will sign a contract with the Chinese Helensville Group Limited company for the purchase of necessary pumping equipment and spare parts for various pumps, Trend reports with reference to Turkmenistan’s State News Agency.
The corresponding decree allowing to conclude the contract was signed by the President of Turkmenistan Gurbanguly Berdimuhamedov.
The contract will be signed at the expense of the refinery's own funds.
As reported, new power units are being laid at Turkmenistan’s Turkmenbashi Complex of Oil Refineries.
The construction of new power will provide a reliable supply of electricity to new facilities being built in the country in accordance with the country’s "The Oil and Gas Development Program Until 2030".
According to the program of socio-economic development of Turkmenistan, the total volume of electricity produced in the country in the next seven years is planned to reach 33 billion kilowatt-hours.
Turkmenistan will study key trends in the global oil and gas industry, the state of world energy markets and analyze the demand for the main types of products of the fuel and energy sector in order to form its own development plan for the fuel and energy sector.
Turkmenistan is also diversifying the oil and gas sector and upgrading its infrastructure on an innovative basis.
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