The Turkmen-Azerbaijani Memorandum on the development of the «Dostluk» field in the Caspian Sea – in the mirror of the world media

11:03 01.02.2021 7349

https://oilgas.gov.tm/storage/posts/1553/original-160178a05a41ec.jpeg

 The leading foreign news agencies and industry publications aroused great interest in the signing of a Memorandum of Understanding between the governments of Turkmenistan and Azerbaijan on joint exploration, development and producing of hydrocarbon resources of the Dostluk field in the Caspian Sea.  Covering this event, foreign media emphasize its great international importance.

 «This document is aimed at strengthening cooperation and mutual understanding in the energy sector, disclosing the enormous mutual potential of the two largest energy powers, creating the most favorable conditions in the Caspian Sea region for the development of sustainable energy, a broad and mutually beneficial international partnership», - the international news agency  agency «Sputnik» (Russia), information and analytical website «Сommonspace.eu» (Netherlands), other world media says.

 “Economy, energy and international security – these topics became the main ones in the negotiations between Baku and Ashgabat”, - MIR 24 TV channel reports.

 «I would call today's document historical, because for the first time Azerbaijan and Turkmenistan are embarking on joint work on the development of a field in the Caspian Sea, which will bring our countries and peoples even closer and bring mutual benefit», - the Turkish news agency «Anadolu» quoted President Ilham Aliyev's saying.  The publication also notes that the energy agreement between Azerbaijan and Turkmenistan was welcomed by the Turkish Foreign Ministry and the Cooperation Council of Turkic-speaking States.

 «The agreement is expected to help advance the Trans-Caspian pipeline project, a multi-billion dollar plan to connect Turkmenistan's giant gas fields with Europe via Azerbaijan», - «Agence France-Presse» (AFP) said.

Robert Cutler, director of NATO's Energy Security Program, said the Dostluk agreement removed the last obstacle «in the way of the Trans-Caspian pipeline,» the newspaper notes.  At the same time, the importance of the Convention on the Legal Status of the Caspian Sea, which Azerbaijan, Iran, Kazakhstan, Turkmenistan and Russia signed in 2018, was emphasized.

 The news that Turkmenistan and Azerbaijan will jointly develop the Caspian Dostluk field, articles and comments on this topic were published on their websites by Oil & Gas Journal, Upstream, Oil and Capital, Oil and Gas Information Agency, REGNUM, CentralAsia.news, Neftegaz.RU, Oil and Gas Vertical, Business Kazakhstan, China Petrochemical, International Energy Network, many other authoritative international publications in Russia, USA, Great Britain, France, China,  Norway and other countries.

 Azerbaijan's Trend agency quotes Francis Perrin, senior researcher at the Center for New South Policy (PCNS, Rabat) and the French Institute of International and Strategic Relations (IRIS, Paris), that «the agreements reached have become an important step in the development of new hydrocarbon fields in the Caspian sea».

 According to the expert, this may contribute to the advancement of the Trans-Caspian pipeline project.  Apart from Dostluk, one of the main advantages of this pipeline scheme will be the connection of Turkmenistan, which controls huge gas reserves, to the European market via Azerbaijan.  The European Union is trying to diversify its sources of gas supplies, and the Caspian Sea region is part of this strategy.

Other articles
1676e48ddba44b.jpg
Topical aspects of Turkmen-Chinese cooperation discussed

Topical aspects of the Turkmen-Chinese partnership were discussed on December 26 at the Ministry of Foreign Affairs of Turkmenistan at a meeting between Deputy Minister of Foreign Affairs of the country Serdar Muhammetdurdyev and Deputy Head of the International Department of the Central Committee of the Communist Party of China Chen Zhou. This was reported by the Foreign Ministry of Turkmenistan.


162c3df0b7ba1a.jpeg
For five months, the production plan at TCOR was fulfilled by 110.4%

The staff of the Turkmenbashi complex of oil refineries completed the five months of 2022 with good production and economic results. The volume of crude oil refining at the TCOR for this period amounted to more than 1 million 878 thousand tons, while the plan was fulfilled by 110.4%.


1676a6c40dfc40.jpg
President Serdar Berdimuhamedov approved new proposals on cooperation between Turkmenistan and Japan

President of Turkmenistan Serdar Berdimuhamedov approved proposals on strengthening cooperation between our country and Japan, which were voiced at a recent joint meeting of the Turkmen-Japanese and Japanese-Turkmen Committees on Economic Cooperation.


162c3de011385b.jpeg
The WTO representative discussed the possibilities of intensifying cooperation at the Ministry of Foreign Affairs of Turkmenistan

Opportunities for enhancing comprehensive cooperation with the WTO were discussed on Monday at a meeting between Vice-Chairman of the Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan Rashid Meredov and Deputy Director General of the World Trade Organization (WTO) Zhang Xianchen, who arrived in Ashgabat on a working visit. This is reported by the website of the Foreign Ministry of Turkmenistan.


162c2853b3e326.jpeg
Deposits of drinking water with an area of ​​130.8 square kilometers were discovered in Lebap region

Deposits of drinking water with a total area of ​​130.8 square kilometers were discovered as a result of work carried out by specialists of the State Corporation «Turkmengeology» in Lebap region. This was reported by Vice-Chairman of the Cabinet of Ministers Shahym Abdrakhmanov at a government meeting last Friday.