President Gurbanguly Berdimuhamedov discussed with the General Director of Tatneft the prospects of their participation in projects in Turkmenistan

President of Turkmenistan Gurbanguly Berdimuhamedov, who is on vacation in Avaza, received General Director of PJSC "Tatneft" (Republic of Tatarstan of the Russian Federation) Nail Maganov. During the meeting, it was confirmed the continued interest of one of the largest Russian oil companies in strengthening cooperation with Turkmenistan on a long-term basis.

The Head of Turkmenistan noted the fruitful nature of the bilateral partnership, which is dynamically developing within the framework of a constructive interstate dialogue with the Russian Federation. 

The President of Turkmenistan and the General Director of "Tatneft" exchanged views on the prospects of cooperation in the context of the priority areas of Turkmenistan's energy strategy, focused on the comprehensive modernization and diversification of the energy sector infrastructure, the introduction of new technologies, the creation of high-tech industries, the production of high-quality products, the promotion of investment activity. This provides ample opportunities for the exchange of best practices, including in the areas of hydrocarbon production, oil and gas processing and petrochemical industry, creates favorable conditions for effective addition of efforts, access to new joint projects.

On the same day, the delegation headed by the General Director of PJSC "Tatneft" held a meeting with the Turkmen partners, during which the current directions of bilateral cooperation were discussed. Following the meeting, an additional agreement was signed between the state Concern "Turkmenneft" and PJSC "Tatneft" on the extension of the contract to improve the productivity of wells.

As previously reported, on July 6, President Gurbanguly Berdimuhamedov paid a working visit to Kazan, during which he met with President of Tatarstan Rustam Minnikhanov and discussed with him the possibility of developing cooperation with leading engineering and industrial enterprises of Tatarstan.

On the same day, R. Minnikhanov and G. Berdymuhamedov visited Technopark "Idea", where the Head of Turkmenistan got acquainted with the stand of the company "Tatneft", which since 2010 worked at the Turkmen field of Goturdepe under the service contract with the group of companies "Turkmenneft". At the same time it was reported that the parties are working on the extension of the contract for the overhaul of wells in order to increase oil recovery.

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