On July 29, ADNOC (United Arab Emirates) and Hyundai Engineering Co. Ltd. (Republic of Korea) regular meetings with company leaders were held. This is reported by TDH.

As mentioned, during the talks with the company's delegation led by the senior vice president of ADNOC, Mr. Abdulla Al Shamsi, a wide range of issues related to the implementation of the third stage development project of Galkynysh gas field were discussed.

As mentioned, during the 2022-2024 visits of President of Turkmenistan Serdar Berdimuhamedov and National Leader of the Turkmen people, Chairman of the People's Council of Turkmenistan Gurbanguly Berdimuhamedov to the United Arab Emirates, solid foundations of cooperation between the two countries in the field of oil and gas were laid. In particular, important documents were signed that defined the specific directions and parameters of the joint work at the Galkynysh gas mine. Currently, the implementation of the bilateral agreements reached is being actively carried out. The parties discuss in detail the legal, commercial, investment, financial, technical and structural aspects of the Galkynysh mine development project. It should be noted that the implementation of such plans is directly related to the implementation of the "Turkmenistan-Afghanistan-Pakistan-India" (TOPH) gas pipeline project.

One of the features of the current round of negotiations was the declaration by ADNOC of its willingness to cooperate with Kazakhstan's oil and gas companies. At the same time, it is necessary to pay attention to the fact that the Turkmen side has repeatedly expressed its support for the participation of the economic structures of neighboring countries in the implementation of large-scale international gas projects of Turkmenistan.

Today, the managers of the Turkmengaz state concern Hyundai Engineering Co. Ltd.» held another round of consultations with the delegation led by Mr. Jung Song Yong, senior vice president of the Korean company. During the consultations, the parties exchanged views on the current state and future of development of the fourth stage of the Galkynysh mine.

Today, the managers of "Türkmengaz" state concern Hyundai Engineering Co. of South Korea. Ltd. held regular consultations with the delegation led by Mr. Jung Song Youngom, the company's president. During the meeting, the parties exchanged views on current relations and development of the 4th stage of the Galkynysh gas field in the future.

Noting the high level of bilateral relations, the delegations emphasized the importance of the mentioned project, in which the legal provision and organizational issues of the work are important.

Hyundai Engineering Co. in connection with the participation of Korean partners in the development of the Galkynysh gas field. Ltd. The opportunities opening up for the company, on the one hand, will allow the company to use its wide capabilities in the implementation of energy projects, and on the other hand, it will enrich the international experience previously gathered in the gas sector.

It was also emphasized the need to implement the agreements reached during the state-level visits in 2023-2024. The parties agreed to continue regular meetings in accordance with previously agreed plans.

The friendly, open and efficient talks in the oil and gas sector of Turkmenistan once again showed the high interest of foreign companies from different countries to work in the energy sector of Turkmenistan.