2nd Turkmenistan International Oil and Gas Congress

Venue: Avaza National Tourism Area on the Caspian Sea coast;

The opportunity of business interests promotion in the promising and dynamic oil and gas section of Turkmenistan;

Personal participation of Turkmenistan Government Institutions and Oil and Gas Companies leaders;

500 representatives from 30 countries;

50 lecturers representing Government Institutions and leading oil and gas companies;

The program of the congress includes receptions, cocktail parties, business lunches, which is a nice opportunity to establish business contacts in informal atmosphere.

Turkmenistan Oil and Gas Industry:

- Turkmenistan: the 4^th largest country in the world after Russia, Iran and Qatar with respect to gas resources;

- Gas resources - 15 – 20 trillion m³, oil resources – 1.5 – 2.0 billion tons;

- Turkmenbashi Complex of Oil Refineries (TKNPZ) holds a leading position on production in Central Asian Region;

- Southern Iolotan-Osman group of fields and the Yashlar oil fileld were discovered. According to the data of Gaffney, Cline&Associates these oil fields hold the 4^th place in the world with respect to gas resources and contain 4 to 14 trillion m³. Oil reserves are as high as 300 million tons;

- Energy resources export is fulfilled using different means of transport, the most important of which is the gas pipeline “Central Asia – Center”;

- Avaza National Tourism Area is environmentally safe health resort area situated on the Caspian Sea coast; it is a major industrial center which includes oil refinery, gas condensate plant and sulfur manufacturing plant;

- The President of Turkmenistan Gurbanguly Berdymuhamedov approves of the aspiration of oil and gas companies of Russia and other countries to establish large-scale cooperation. In his official statement he declared: “Turkmenistan is always open for effective cooperation based on mutually beneficial relations both with its current and potential partners”.

Main topics of the Congress:

- Turkmenistan as one of the leading world gas producers and its role in the world gas sector;

- interdependence between gas producing and gas consuming countries;

- priority directions for investments in Turkmenistan gas sector;

- diversification of regional export routes to world markets;

- marketing of gas and gas processing products;

- judicial and financial aspects of the development of natural gas fields in Turkmenistan;

- swap deals between gas producing countries.

The official support of the Congress:

- Cabinet of Ministers of Turkmenistan;

- Government Agency on Management and Usage of Hydrocarbonic Resources under the President of Turkmenistan;

- Ministry of Oil and Gas Industry and Mineral Resources of Turkmenistan;

- State Concern “Turkmengaz”.