Investment To Target Downstream Projects


News: Turkmenistan's Ministry of Petroleum and Mineral Resources has said that various foreign companies are in the process of implementing several major oil refinery projects in Turkmenistan. Total investment in these oil refinery projects is estimated to be US$800mn, with the projects expected to begin operations in end-2014. The country plans to increase its annual oil refining capacity to 15mn tonnes of oil in 2015 and 20mn tonnes of oil in 2020.

This article is tagged to:
Sector: Oil & Gas
Geography: Turkmenistan

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