Turkmenistan and the UAE signed agreements in the field of investments, ports and energy
16:53 11.10.2021 7054
Turkmenistan and the UAE signed a number of agreements and memorandums in the field of investments, ports and energy. The signing ceremony took place after the meeting of President of Turkmenistan Gurbanguly Berdimuhamedov with Deputy Prime Minister, Minister for Presidential Affairs of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan at the headquarters of Expo 2020 Dubai.
Sheikh Mansour bin Zayed Al Nahyan praised the signing of bilateral documents, stressing the importance of expanding the opportunities for partnership between the UAE and Turkmenistan.
During the meeting, the state of relations between the two countries was considered, as well as a number of other issues of mutual interest.
The package of documents signed includes a memorandum of understanding in the field of port operations and logistics between one of the world's largest port operators DP World (Dubai Port World) and the international seaport of Turkmenbashi.
A loan agreement was also signed between the government of Turkmenistan and the Abu Dhabi Development Fund to finance a project to create a chemical plant for the production of mineral fertilizers in the city of Turkmenabat.
An agreement was signed on the establishment of a joint investment company in Turkmenistan between the Abu Dhabi Development Fund and the State Bank for Foreign Economic Affairs of Turkmenistan. Vneshekonobank also signed a Memorandum of Understanding with the Dubai Economic Development Department.
The Memorandum of Understanding was signed between the State Electric Power Corporation «Turkmenenergo» and Abu Dhabi Future Energy Company PJSC – Masdar.
Another memorandum was signed between the government of Turkmenistan and Nasdag Dubai Limited.
Gurbanguly Berdimuhamedov left an entry in the book of honorary visitors of Expo 2020 Dubai, in which he expressed his satisfaction with the participation of Turkmenistan in this global event, stressing the strength of relations between Turkmenistan and the UAE and readiness to bring them to broader horizons.
The branch institute of the State Concern “Turkmengas” has developed optimal options for the utilization of sulfur
Optimal options for solving the urgent problem of utilizing large volumes of sulfur, which remains in the process of natural gas production at the fields of Turkmenistan, have been developed by specialists from the Scientific Research Institute of Natural Gas of the State Concern “Turkmengas”.
Turkmenistan and Afghanistan ready to step up the construction of the TAPI gas pipeline
Representatives of the governments of Turkmenistan and Afghanistan expressed their readiness to continue cooperation in the construction of the TAPI gas pipeline and other infrastructure projects, the website of the Foreign Ministry of Turkmenistan reports.
Gurbanguly Berdimuhamedov instructed to find a way to extinguish the gas crater in Darvaza
Turkmen President Gurbanguly Berdimuhamedov, at a government meeting held last Friday via video link, raised the issue of finding a solution to the long-standing problem associated with a burning gas crater in Darvaza.
TCOR mastered the production of A-98 gasoline that meets EURO-6 standards
In Turkmenistan, the production of A-98 gasoline has been launched, which fully meets the quality requirements of EURO-6 standards and is distinguished by the highest environmental friendliness. This was announced by the Vice-Chairman of the Cabinet of Ministers of Turkmenistan Shakhym Abdrakhmanov at a government meeting that President Gurbanguly Berdimuhamedov chaired by video link last Friday.
Ambassador of Turkmenistan to the UAE: the interest of the UAE business in strengthening its position in the Turkmen market is growing
Recently, Turkmenistan has become more and more established as a major gas hub in the region, whose gas branches go to China, Russia, Azerbaijan, Kazakhstan, Uzbekistan and Iran. Our country is working to expand the export geography of its gas routes. This was stated by the Ambassador Extraordinary and Plenipotentiary of Turkmenistan to the UAE Serdarmammet Garajayev at the International Forum on Attracting Investments in the Energy Sector of Turkmenistan, held in Dubai on April 26-27.