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Yug-Neftegaz Private Limited becomes a silver partner of TEIF 2024

14:3326.03.2024
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Active preparations for the TEIF 2024, which will be held on April 24-25 in Paris, are underway.

The main goal of TEIF 2024 is to expand opportunities for attracting direct investments in all aspects of oil and gas, energy, construction, transport and communications sectors of the economy of Turkmenistan.

To date, more than 100 international delegates have already registered to attend the Paris Forum. Among the confirmed high-level speakers are Haitham Al-Ghais - OPEC Secretary General; Tatiana Molcean - UN Deputy Secretary General and Executive Secretary of UNECE; Valerie Ducrot - Executive Director of the Global Gas Center; Tim Gould - Chief Energy Economist at the International Energy Agency (IEA); Constance Chalchat - Director of BNP Paribas and many other senior executives of leading international energy, construction and transportation companies and financial institutions.

Participation of Turkmen national companies and foreign investors in the forum will allow to establish a dialogue between the two sides to attract investment in the economy of Turkmenistan, as well as reveal the investment potential of the leading sectors of the country's economy. Within the framework of the event, investors will be presented with new projects related to oil and gas production, processing and transportation; projects on renewable energy, construction, transport and communication sectors of Turkmenistan's economy.

Yug-Neftegaz Private Limited (Singapore) is a silver partner of the upcoming TEIF 2024 in Paris.

Yug-Neftegaz Private Limited holds a leading position in the realization of oil and gas projects in different regions of the World. The company's branch in Ashgabat was opened in 2008 and, since then several projects have been implemented, including drilling of new and rehabilitation of idle wells, as well as 2D and 3D seismic surveys.

In Turkmenistan, Yug-Neftegaz Private Limited operates in various areas including hydrocarbon exploration and development, refining and trading of oil products, field geophysical surveys, oil and gas well drilling, drilling equipment rental, well workover and stimulation, as well as construction and modernization of oil and gas infrastructure, and seismic data processing.

According to data for the period 2020-2023, Yug-Neftegaz Private Limited has successfully completed drilling and commissioned 22 oil wells with depths ranging from 4,500 m to 5,500 m in the North Gonurdepe field. The company plans to drill 10-12 wells per year in the coming years.

All interested delegates are reminded that registration for in-person participation for those who require a Schengen visa in the Forum is open until 5 April; for online participation - until 19 April.

For more information, please visit the event website: www.ogt-turkmenistan.com or email: info@turkmen-forum.com.

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