President of Turkmenistan and head of LUKOIL discussed prospects for cooperation in the Caspian

16:14 21.10.2021 3223

 On Tuesday, October 19, President of Turkmenistan Gurbanguly Berdimuhamedov received the head of the Russian oil company Lukoil Vagit Alekperov.  In the hall of the meeting, the issues of the development of hydrocarbon resources of the Caspian region were discussed, taking into account the establishment of international cooperation based on legal norms and respect for each other's interests.

 In this context, new opportunities for fruitful partnership are opened by the Memorandum of Understanding signed in January of this year between the governments of Turkmenistan and Azerbaijan on joint exploration, development and development of hydrocarbon resources of the Dostluk field in the Caspian Sea.

 Having informed the head of Turkmenistan about the activities of Lukoil in our country, including the progress of projects in the Caspian Sea, the guest stressed his interest in further cooperation.

 As the Turkmen leader noted, Turkmenistan attaches great importance to the digitalization of the oil and gas sector, the introduction of innovative environmentally friendly technologies and the best achievements of scientific and technological progress into the industry.  And here it can find an effective practical application of the advanced experience of leading foreign, including Russian companies, with which long-standing partnerships have been established.

 At the end of the meeting, Gurbanguly Berdimuhamedov and Vagit Alekperov expressed confidence in the successful continuation of bilateral cooperation on a mutually beneficial long-term basis.

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