The XVIII International Conference "Oil and Gas of Turkmenistan" (OGT-2023) started its work on Wednesday at the Chamber of Commerce and Industry in Ashgabat, Turkmenistan's capital.
The plenary session was addressed by Batyr Amanov, Deputy Chairman of the Cabinet of Ministers for Oil and Gas; Myrat Archaev, Deputy Chairman of the State Concern Turkmengaz (Turkmen Gas); Musabbeh Al Kaabi, Executive Director for Low Carbon Solutions and International Growth at ADNOC, Hou Qijun, President of CNPC (online), Rovshan Najaf, President of SOCAR, Kadri Simson, European Commissioner for Energy (video message), Medhat M. Kamal, President of SPE 2023; Baker Hughes Caspian Vice President Elena Akoltseva, bp Vice President for Finance in Azerbaijan, Georgia and Turkey Colin Allan and UNECE Sustainable Energy Division Director Dario Liguti.
In the first session, Myrat Archaev, Deputy Chairman of the State Concern Turkmengaz (Turkmen Gas), spoke on "Ensuring the energy needs of today while investing in the energy systems of tomorrow" and also discussed the utilisation of natural and chemical gas.
Chairman of the Board of the State Bank for Foreign Economic Activity of Turkmenistan Rahymberdi Jepbarov presented economic indicators: January-August foreign trade turnover of Turkmenistan increased by 12.7 percent, of which exports amounted to almost 8 billion US dollars, the trade surplus was about 3 billion US dollars.
The sessions discussed the investment potential of the Galkynysh field and highlighted the significance of the transition to renewable energy and investment opportunities.
"Reliable. Sustainable. Clean Energy" is the slogan of OGT-2023. The main goals of OGT 2023 are to strengthen regional communication, analyse global energy trends, and attract foreign investment in Turkmenistan's oil and gas sector. Participation in the conference also provides an opportunity to present new investment projects in Turkmenistan's fuel and energy and oil and gas chemical complexes.