BAKU, Azerbaijan, July 23. Turkmenistan has
approved further modernization of the material and technical base
of state concern Turkmengaz.


This was reflected in a statement published by Turkmengaz
following a Cabinet meeting chaired by President Serdar
Berdimuhamedov.


According to the statement, Deputy Chairman of the Cabinet
Guvanch Agajanov reported on the ongoing modernization of
enterprises and institutions operating under Turkmengaz, noting
that the work is aimed at ensuring reliable natural gas supplies to
domestic consumers and supporting gas exports.


"Special importance is attached to expanding cooperation with
leading international partners, in particular with one of the
companies of the Federal Republic of Germany. This is a clear
result of the favorable conditions created for the development of
Turkmen-German business cooperation," the statement said.







Turkmenistan has been actively modernizing its gas industry as
part of a broader strategy to increase production efficiency and
expand processing capacity. Earlier this month, President
Berdimuhamedov authorized Turkmengaz to conclude a contract with
Germany's Vietz GmbH for the supply of specialized technical
equipment to modernize production facilities. According to the
government, the project forms part of ongoing efforts to upgrade
the country's gas infrastructure while expanding cooperation with
international technology providers.


To note, Turkmenistan has accelerated the modernization of its
gas industry as part of a broader investment cycle focused on
upgrading industrial infrastructure and expanding cooperation with
international technology partners. Alongside increasing natural gas
production, the government is investing in gas processing,
petrochemicals and the modernization of production facilities to
improve efficiency and support long-term export capacity.


A key element of this strategy is the development of the giant
Galkynysh gas field. Earlier this year, construction began on the
fourth phase of the field with $5.1 billion in domestic financing.
The project is expected to add 10 billion cubic meters of annual
production capacity, reinforcing Turkmenistan's position among the
world's leading natural gas producers.