TEIF 2025 International forum started in Kuala Lumpur

The International Forum on Attracting Foreign Investment to the Economy of Turkmenistan (TEIF 2025) began its work in the capital of Malaysia. The large-scale event is organized by the State Concerns "Turkmennebit" and "Turkmengaz", as well as the Chamber of Commerce and Industry of Turkmenistan, in partnership with the Turkmen Energy Forum Business Council.

The event has brought together leading national and international energy companies, as well as reputable experts, who are actively discussing the future of Turkmenistan's oil and gas industry and the region as a whole. Representatives from giants such as CNPC, Dragon Oil, Petronas, Mitro, and ENI are sharing their experiences working in the contract areas of the Balkan and Lebap velayats.

The focus of the forum participants is on attracting investment in the promising offshore blocks No. 21 and 23, the development of Western Cheleken, optimizing production at mature fields, and plans for the further development of the giant "Galkynyş" gas field.

The forum will also consider strategic projects for the reconstruction of the Turkmenbashi complex of oil refineries and the Seydi oil refinery. Representatives of the British company GaffneyCline are sharing information on the support provided to the "Turkmennebit" State Concern in preparing investment packages for the Turkmen sector of the Caspian Sea.

The rich program of TEIF 2025 includes sessions dedicated to topical issues: Turkmenistan's role in shaping the future of global energy and sustainable development in the context of the International Year of Peace and Trust; new investment opportunities in the energy sector (natural gas and its monetization, oil and petrochemicals); accelerating investment in infrastructure projects (construction, transport, IT, and telecommunications); prospects for the development of industry, education, and the service sector; the role of the private sector of Turkmenistan and Malaysia in developing economic and investment potential; and the role of clean energy in creating a sustainable future (reduction of methane and CO2 emissions and monetization).

Forum participants plan to emphasize the importance of the solid legal framework created in Turkmenistan, including the laws "On Hydrocarbon Resources", "On Currency Regulation", "On Foreign Investments", and "On Investment Activities", which ensures a favorable investment climate, state guarantees, and reliable legal protection for foreign investors. The stable economic and political situation in the country continues to attract increasing interest from the international investment community.

Source: Türkmenistan habarlar portaly