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Russian company considering creation of joint production with Turkmenistan

Energy Materials 29 September 2022 13:31
Baku, Azerbaijan Trend News Agency
Russian company considering creation of joint production with Turkmenistan

The "Oil-Service" company (Chelyabinsk region of Russia), which produces oil and gas equipment, expressed interest in establishing a joint production with Turkmenistan to localize the manufacturing of its products, Trend reports via “Business Turkmenistan” news agency.

This was announced by the Deputy CEO of operating activities of the company Sergey Shumakov.

According to him, the enterprise is interested in supplying its own products to Turkmenistan. He noted that the Turkmen side also shows interest in this and expressed confidence in the prospect of cooperation in this direction.

Shumakov stressed that the company is ready to create a joint venture with Turkmenistan, which will bring such advantages as the opening of new jobs and an increase in sales volume.

The "Oil-Service" company has been producing and exporting drilling equipment, well repair equipment, telemetry and electronics for the oil and gas industry for more than 20 years.

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