The second stage of the plant for the production of gasoline from natural gas is planned to be built with the participation of Korean companies


02 December 2022

Negotiations on the construction of the second stage of a plant for the production of gasoline from natural gas in Ahal velayat were held by a delegation of Turkmenistan with representatives of large companies of the Republic of Korea. This was stated by the Chairman of the Halk Maslakhaty of the Milli Gengesh of Turkmenistan Gurbanguly Berdimuhamedov during a meeting with the General Director of Hyundai Engineering Hong Hyun Sung and the President of LX International Corp. Yun Chun Sung, which took place as part of an official visit to the Republic of Korea on November 28-29, TDH reports.

As Hero-Arkadag emphasized, Turkmenistan attaches great importance to cooperation with the Republic of Korea in various sectors of the economy, including the fuel and energy complex, gas chemistry, and industrial processing of hydrocarbons.

That is why, Gurbanguly Berdimuhamedov noted, within the framework of the current visit, members of the Turkmen delegation held bilateral meetings with relevant specialized structures, familiarized Korean colleagues with the work of a plant for the production of gasoline from natural gas in Akhal velayat and discussed the possibility of their participation in the construction of the second stage of this enterprise.

Chairman of the Halk Maslakhaty Milli Gengesha stressed that in the implementation of such projects, priority is given to the production of environmentally friendly products that fully meet international standards. Also, great importance is attached to the rigorous solution of tasks to ensure careful environmental protection.

Having stated the huge potential for the activities of Korean companies in Turkmenistan, the businessmen expressed their interest in the implementation of the planned projects, including in the oil and gas and chemical industries, processing of fuel and energy resources. At the same time, it was emphasized that for Hyundai Engineering and LX International Corp. it is a great honor to work in the promising Turkmen market and contribute to the implementation of large-scale transformations.