OGT-2019 International Forum Set for October in Ashgabat

OGT-2019 International Forum Set for October in Ashgabat

The 24th “Oil and Gas of Turkmenistan” international conference will take place at the Chamber of Commerce and Industry of Turkmenistan on Oct. 22-23, 2019. The forum is organized by “Turkmennebit” State Concern in partnership with Turkmen Forum.

OGT is a prestigious business forum, which is held annually to develop and strengthen international partnerships between Turkmen state organisations and the international oil and gas companies. 

During the forum in Ashgabat, a detailed review of Turkmenistan’s oil and gas market and the latest petrochemical projects and project opportunities will be presented, and the world’s leading oil and gas companies will share their visions and expertise.

Senior representatives of Turkmen state organisations, leading international oil and gas companies, and major international financial institutions have regularly attended the Conference. The regular participants in the forum include Shell, Petronas, Gazprom, Gaffney, Cline & Associates, NAPECO, Hyundai, Vitol, CNPC, Dragon Oil, ENI, BP, Socar, Exxon Mobil, Buried Hill, IFC, ADB, EBRD, Allen & Overy and many others.

In line with the draft program, the first day of the Conference will include presentations and panel sessions to exchange expertise and to update attendees on the status of key projects currently underway in the Turkmen oil and gas sectors. 

This year’s panel sessions will address such themes as “Trends in the Petrochemical Sector”, “Investment opportunities in the offshore blocks in the Caspian sea”, “The Turkmenistan-Afghanistan-Pakistan-India (TAPI)” gas pipeline and “Investment opportunities in the oil and gas sectors”. Senior representatives of Turkmenistan’s oil and gas industry and leaders of other companies currently operating in Turkmenistan will participate in these sessions in order to provide first-hand input to the discussions.

On the second day, there will be similar presentations and panel discussions on current oil and gas projects, together with discussions on international investment opportunities in the sector. A signing ceremony will also take place for recently agreed contracts and memoranda.

During this major oil and gas business forum, representatives of foreign companies will have the opportunity to meet with senior officials from national oil and gas companies of Turkmenistan and to discuss both topical issues and opportunities for cooperation and investment. In addition, all attendees will be invited to join a guided tour to the new Gas-To-Gasoline plant in Ovadandepe.

Turkmenistan is one of the largest gas resource holders in the Caspian region and has the world's fourth largest proven natural gas reserves.