Baku 23° C
Chinese company to complete 3 gas wells in Turkmenistan
Region
- 18 July, 2021
- 13:08
Add Report.az to preferred Google sources
Stay up to date with the top news!
Turkmengas State Concern will sign a contract with China’s CNPC Chuanqing Drilling Engineering Company Limited (CCDC) to complete the construction of three gas wells of special complexity at Turkmenistan’s Galkynysh field.
Report informs that the construction of these wells was previously started by Gulf Oil & Gas FZE (UAE) specialists but not fully completed. The Chinese contractor undertakes to complete and commission them in 2.5 years.
Payment will be made through the supply of natural gas to China, Deputy Prime Minister Shahym Abdrahamov said at a government meeting, chaired by President Gurbanguly Berdimuhamedov via videoconference.
Author
Latest News
16:33
Photo
Video
Global Media Group holds another tree-planting campaign
Ecology
16:26
ING releases forecast for Azerbaijan's current account surplus through 2029
Finance
16:09
ING: Azerbaijan's public debt to be less than 21% of GDP in 2026
Finance
16:05
Orkhan Mammadov: Expanding SME role in public procurement among key goals
Business
15:59
ING: Central Bank of Azerbaijan's forex reserves to reach $18.6B by 2026
Finance
15:56
ING: Non-oil sector to remain primary engine of Azerbaijan's economy in 2026–2028
Finance
15:54
ING: Azerbaijan's foreign trade surplus to exceed $11B in 2026
Finance
15:54
Photo
Azerbaijan, China explore solar and offshore wind energy projects
Energy
15:52
ING lowers inflation forecast for Azerbaijan for 2027
Finance