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    The 26th International Conference “Oil and Gas of Turkmenistan” (OGT 2021)

Summary

One week to go to the highly anticipated event of the year in Turkmenistan’s oil & gas sector – the 26th International Conference “Oil and Gas of Turkmenistan” (OGT 2021).

by: Turkmen Forum

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Complimentary, Natural Gas & LNG News, Asia/Oceania, Turkmenistan, Promoted Content

The 26th International Conference “Oil and Gas of Turkmenistan” (OGT 2021)

It is a prestigious event, which is held annually to attract investments to the oil and gas sector of Turkmenistan and strengthen international cooperation between Turkmen state organizations and major oil and gas institutions, companies of the world.

The Conference will bring together senior representatives of the Turkmen government, CEOs of national and international oil & gas companies, senior management of energy organizations as well as major international financial institutions and research centers to focus on the future of global energy, new investment opportunities in the oil & gas sector of the country, shaping a low carbon future through the usage of alternative sources of energy, collaboration and know – how in R&D.

The impressive list of delegates includes representatives of over 100 international companies such as CNPC, SOCAR, Petronas, Areti, Mitro International, Buried Hill, NAPECO, Dragon Oil, ENI, Lukoil; international oil and gas organizations such as Organization of the Petroleum Exporting Countries (OPEC), Global Gas Centre, Gas Exporting Countries Forum, International Energy Agency, Society of Petroleum Engineers, the Energy Charter Secretariat. The Conference’s sessions and panel discussions will be attended by the representatives of numerous international financial and banking institutions – World Bank, Asian Development Bank, Islamic Development Bank, European Bank for Reconstruction and Development and others.

The plenary session of the Conference will focus on the future of global energy and will see presentations by Batyr Amanov – State Minister, Chairman of State Concern “Turkmengas”, HE Mohammad Sanusi Barkindo – Secretary General of Organization of the Petroleum Exporting Countries (OPEC), René Bautz –Chairman of Global Gas Centre, Urban Rusnák – Secretary General of the Energy Charter Secretariat, Tim Gould – Chief Energy Economist of the International Energy Agency (IEA), Hou Qijun – President of CNPC and video messages of the United Nations Resident Coordinator for Turkmenistan Dmitry Shlapachenko and Mariam Almaszade- CEO, Socar Trading SA.

During the 1st session «Invest in Turkmenistan: overview of onshore investment projects» the Chairman of State Concern “Turkmengeology” Merdan Rozyev will give presentation on «Geological exploration – resources for the future of the oil and gas industry». The delegates will also enjoy the presentations by Nyyazly Nyyazlyev – Chairman of SC "Turkmenhimiya", General director of NAPECO Maksat Pirliyev, Dovran Chishiyev – General Director of Turkmenbashi Complex of Oil Refineries, Bayrammyrat Pirniyazov – Director of Scientific-research institute of natural gas under the SC “Turkmengas”, GaffneyCline Technical Director Stephen Wright and John Roberts – Senior Partner of Methinks Ltd, who will deliver speech on the future of Turkmenistan's natural gas exports.

Turkmenistan is increasing production and export of natural gas. According to the country's economic results for January-August 2021, gas exporters achieved the highest performance in the reporting period, fulfilling the plan by 133.6%. They are followed by the producers of natural and associated gas, which have fulfilled the planned targets by 122.1%. Export of Turkmen electric power for January-September, 2021 grew by 34, 5 % as compared with the similar period of the past year.

The novelty of this year’s OGT is a live link up with Dubai Expo 2020. Live link up will be set up for Session 4: Natural Gas and Alternative Sources of Energy – Key Resources in Transition to a Low Carbon Future. The session will be held both at the conference venue in Ashgabat and at Turkmenistan’s Dubai Expo 2020 exhibition pavilion.

During the session, which will be moderated by Julian Bowden – Research fellow from the Oxford Institute for Energy Studies energy, CEO of TAPI Pipeline Company Limited Muhammetmyrat Amanov will give a speech on contribution of oil and gas sector to the transition to a low-carbon future in South Asian region.

Baroness Nicholson of Winterbourne, UK Prime-Minister’s Trade Envoy in Turkmenistan, a member of the House of Lords in the UK Parliament since 1997, will present UK’s vision on the further development of economic cooperation between the two countries.

World Expo – is a unique global platform to win investment, forge agreements and promote international cooperation. It is a great opportunity for Turkmenistan to showcase its economic potential to the whole world, introduce perspective projects in various fields, including in gas and oil sphere, and get acquainted with new partners.

Academic Secretary of Academy of sciences of Turkmenistan Rahmanguly Esedullayev will share with scientific views and facts if hydrogen, clean and energy-sufficient can be a next-generation fuel.

The world has an important opportunity to tap into hydrogen’s big potential to become a part of a more sustainable and secure energy future. Hydrogen is currently receiving strong support from governments and businesses around the world, as can help to tackle various critical energy challenges. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil.

Vice-Rector for Academic Affairs of the State Energy Institute of Turkmenistan Aganiyaz Jumayev will provide with detailed information about Renewable Energy Strategy of Turkmenistan, oriented on the usage of solar energy.

The first hybrid solar-wind power plant in Turkmenistan with a capacity of 10 megawatts will be built at the artificial “Altyn Asyr” Lake. The project of the innovative facility was developed by the Research and Production Center of the State Institute of Power Engineering of Turkmenistan. The plant will generate electricity exclusively from renewable energy sources.

An unmissable agenda of the Forum will also explore outlook for the development of hydrocarbon fields in the Caspian Sea as one of the key aspects for the development of the oil and gas complex of Turkmenistan; experience and prospects of development of the Galkynysh Field – the biggest onshore gas field in the world; new projects in modernization of production facilities of Turkmenbashi Complex of Oil Refineries.

Participation in the Conference and business meetings during the event will increase delegate’s understanding of potential investment opportunities in the wider industry, including: chemical gas utilization, optimization of oil and gas production from mature fields, renewable energy opportunities and energy sector diversification.

Presentations and panel sessions within the framework of the event will inform participants about the latest regional and global development trends in the fuel and energy complex of Turkmenistan, energy diplomacy of the country.

Turkmenistan possesses colossal reserves of blue fuel and is an important player in the global gas market.

Recently, the China Petroleum Engineering and Construction Company (CPECC) started construction of land erections on gas fields of the western block of the contractual territory of «Bagtyyarlyk». Within the new project in 24 months it is planned to put into operation six new gas fields - Gadyn, Northern Gadyn, Iljik, East Iljik, Kishtuvan and Western Kishtuvan.  

Within the project, it is planned to construct 22 wells, four gas stations, pipelines, networks of technical providing, including power supply and water supply. Implementation of the project will provide long-term stability of production of natural gas in the territory of Turkmenistan and reliability of supply of natural gas.

Practical steps are being taken to develop the production infrastructure of the Turkmenistan-China gas pipeline, which will increase the volume of Turkmen gas exports to China in the future. In January this year, a gas compressor station was put into operation at the Malay field with a capacity of 30 billion cubic meters of natural gas per year.

Discussions are continuing on the construction of the Trans-Caspian gas pipeline, which will allow the country to supply natural gas to the countries of the European Union and thereby ensure energy stability in the region.

The final session will focus on «Collaboration and know – how in research & development». Among the speakers – Thomas Blasingame – President, Society of Petroleum Engineers, Deputy General Director for Commercial Affairs and Development, LLC “Gazpromneft Catalytic Systems” Alexander Zaytsev, Durdymyrat Gadamov – Director, Centre of Technologies of Academy of sciences of Turkmenistan, who will speak on the role of science and innovative technologies in the development of the oil and gas industry.

The oil and gas industry, historically, has been fueled by innovation. Reflection seismography, which first revolutionized petroleum exploration in the 1920s, prompted oilfield discoveries worldwide and filled billions of barrels of oil. Taking into account the concern of the international community with the problems associated with climate change, renewable energy sources, innovations in the field of hydrogen and energy-saving technologies, digitalization of the fuel and energy complex will receive further development. Digital technologies allow oil and gas organizations to interconnect products, value chains, and business models.

These and many other topics related to the development of oil and gas sector of Turkmenistan will be discussed at OGT 2021

Due to travel restrictions in the world, the event will be held in both traditional and online formats. This approach will also be used to organize meetings on the sidelines of the Conference with the management of the oil and gas as well as financial and economic sectors of Turkmenistan.

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