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Chemical industry

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Chemical industry

In parallel with the export of natural gas by pipeline, Turkmenistan is currently focusing on the deep processing of natural gas, which, in the long term, may become dominant in the country's economy. In recent years, several gas chemical complexes have been commissioned, and several more are planned to be built to manufacture value-added goods in high demand in global markets. The Turkmenbashy refinery is the flagship industrial complex located in west Turkmenistan. It accounts for a quarter of the country's industrial production. The refinery is undergoing phased reconstruction, presenting various investment opportunities for potential investors. Turkmenistan's chemical industry is one of the country's most promising and developing sectors. It is focused on maximizing the use of domestic hydrocarbon raw materials.

The investment opportunities in this sector will be discussed in detail during Session No. 3 “DIVERSIFICATION OF THE ECONOMY OF TURKMENISTAN. TRAINING PROFESSIONAL WORKFORCE IN THE INNOVATIVELY DEVELOPING ECONOMY”