President of Turkmenistan Serdar Berdimuhamedov has signed resolutions authorizing the state concerns “Türkmengaz” and “Türkmennebit” to conclude contracts with companies from the People’s Republic of China for the purchase of pipes for various purposes. The relevant documents were published on June 13 in Turkmenistan’s central media, AsmanNews reports.
According to the resolution, the State Concern “Türkmengaz” is permitted to conclude a contract at its own expense with the company “Julong Steel Pipe Co., Ltd” (PRC) for the purchase of steel pipes in the required volume for construction works at facilities of subordinate institutions and enterprises.
Another resolution instructs the State Concern “Türkmennebit” to conclude a contract with “Wuxi SP Steel Tube Manufacturing Co., Ltd.” (PRC) for the supply of casing and drilling pipes. The products are intended for drilling operations at production and exploration wells and will be purchased using the company’s own funds.
The resolutions note that the contracts are aimed at fulfilling the tasks set for Turkmenistan’s oil and gas sector in the era of the Renaissance of a new epoch of a powerful state.