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Over the past 25 years, Dragon Oil has invested more than $11 billion in its projects in Turkmenistan, according to Said Al Shamsi, the company’s Director of Marketing and Government Relations. His statement came during the Turkmenistan Investment Forum in the Avaza National Tourist Zone.
During this period, the company has extracted over 440 million barrels of oil, showcasing the stable and productive nature of the partnership.
Dragon Oil has also allocated over $250 million to social and cultural projects, including initiatives in education, health, sports, and culture — reflecting its long-term commitment to supporting local communities.
Al Shamsi noted that over 93% of the company’s 2,200+ employees in Turkmenistan are local citizens, emphasizing the company’s focus on national workforce development.
Dragon Oil has been operating in Turkmenistan since 2000 under a Production Sharing Agreement (PSA), focusing on hydrocarbon development in the Cheleken Contract Area of the Caspian Sea.
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Turkmen–Chinese Business Forum 2026: Talwas Yoly and Oguz Forum & Expo Sign Cooperation Agreement with the Turkmen Logistics Association
Talwas Yoly Closed Joint-Stock Company and the Oguz Forum & Expo division have officially signed a cooperation agreement with the Turkmen Logistics Association as part of the preparations for the Turkmen–Chinese Business Forum and Exhibition, scheduled for April 28–30, 2026.
The signed agreement aims to strengthen cooperation in logistics, transport, export and import sectors, while also ensuring the effective organization of the upcoming international event. Talwas Yoly and Oguz Forum & Expo act as the official organizers of the forum and exhibition, overseeing the full implementation of the project, including the development of the business agenda, organization of the exhibition area, facilitation of B2B and B2G meetings, and coordination of business participation from Turkmenistan and the People’s Republic of China.
The forum is expected to become a major international platform for expanding trade and economic cooperation between Turkmenistan and China, establishing direct business contacts between specialized companies, and presenting Turkmenistan’s export and investment potential.
As part of the partnership with the Turkmen Logistics Association, special participation conditions have been introduced for its members. Association members will receive a 10% discount on participation in the Turkmen–Chinese Business Forum and Exhibition 2026. This initiative is designed to support national logistics companies, enhance their international visibility, and strengthen Turkmenistan’s role as a key regional transport and logistics hub.
The signed cooperation agreement highlights the strategic importance of the forum and reinforces its position as a catalyst for international business collaboration.
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