The Singapore-based GP Global Equipment Pte Ltd will build a gas compressor station with an annual capacity of 2 billion cubic meters in Turkmenistan.
The corresponding Decree, sanctioning the Turkmengaz State Concern to conclude a contract with GP Global Equipment Pte Ltd (Singapore) for the design and construction of a gas compressor station at the Zäkli-Derweze gas treatment facility in Merkezi Gazagum condensate deposits, was signed by President Gurbanguly Berdimuhamedov during the session of the Cabinet of Minister of Turkmenistan held on Friday.
The construction of the facility will begin in September 2019, and is planned to be fully operational in February 2022.
The corresponding agreement was reached on the eve of the state visit of President of Turkmenistan Gurbanguly Berdimuhamedov to Singapore, which is scheduled for August 26-27.
A set of intergovernmental documents is planned to be signed following the high-level talks.
The Turkmen-Singapore business forum will also take place during the state visit of government delegation of Turkmenistan to the island nation. During the forum, the Singapore businesses will be invited to participate in an ongoing investment projects in Turkmenistan.