The Energy Charter and the Gas Exporting Countries Forum are ready to intensify cooperation with Turkmenistan
14:31 29.03.2022 4868
The leaders of the Energy Charter and the Gas Exporting Countries Forum (GECF) in a letter to the President of Turkmenistan Serdar Berdimuhamedov stated their desire to develop cooperation with Turkmenistan in the gas sector.
This is stated in the letters published on Monday in the newspaper "Neutral Turkmenistan" addressed to Serdar Berdimuhamedov from the heads of these international organizations. In addition, the Secretary General of the Energy Charter, Guy Lenz, will speak on Tuesday (online) at the Oil and Gas Investment Forum “Turkmenistan Oil and Gas”, which is opening in Ashgabat.
“As one of the most important players in the region's energy sector and a country with a large supply of energy resources, Turkmenistan continues to demonstrate the growth of its potential,” Lentz said in a letter to President Berdimuhamedov.
“I believe that your country, which has been a contracting party to the Energy Charter Treaty for more than two decades, will be able to adapt to the new goals set by the energy transition and to the changing global energy landscape,” Lentz continues.
In his letter, Lentz also noted: “Over the past two years, I have noted the active participation of Turkmenistan in the process of modernizing the Treaty and I hope that this level of involvement will contribute to this process, including for the benefit of your country”.
Secretary General of the Forum of Gas Exporting Countries Mohamed Hamel said in a letter to the head of Turkmenistan that “GECF members strive for an active joint search and rational solution of existing global problems in this area.
He also added that "GECF will provide comprehensive assistance in the development of domestic gas production in Turkmenistan, increase investments for the development of the gas industry, share its experience and is ready to conduct an appropriate dialogue".
According to the Program of the International Investment Forum “Oil and Gas of Turkmenistan” (OGT-2022), which will be held on March 29-30 in Ashgabat, on the first day at the plenary session “The Future of the Global Energy System”, an online speech by the Secretary General of the Energy Charter Guy Lenz is expected.
On the same day, within the framework of the Forum, a teleconference will be held with the participants of the Dubai EXPO - 2020 International Exhibition, during which issues related to the shortage of gas in the main markets, overcoming the shortage of gas in Europe, and the prospects for the construction of the Trans-Caspian connector will be discussed. There will also be a report on the development of the Turkmen field "Galkynysh", as a reliable source of natural gas for the transnational gas pipelines of Turkmenistan.
The work of the Interdepartmental Commission on the Caspian Sea was discussed at the Ministry of Foreign Affairs of Turkmenistan
The 63rd meeting of the Interdepartmental Commission of Turkmenistan on the Caspian Sea was held at the Ministry of Foreign Affairs on February 23. The meeting was attended by the relevant Vice-Chairmen of the Cabinet of Ministers of the country, the Director of the Caspian Sea Institute, heads of a number of ministries and specialized departments.
Products of oil refineries were sold at the auction
Last week, 35 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan.
The President of Turkmenistan and the Vice President of the UAE noted the active dynamics of cooperation in the energy, oil and gas and other spheres
The development of bilateral cooperation was discussed at a meeting on February 21 between the President of Turkmenistan Serdar Berdimuhamedov and the Vice President, Deputy Prime Minister, Minister of the Presidential Administration of the United Arab Emirates Sheikh Mansour bin Zayed Al Nahyan, who arrived in our country on a visit, TDH reports.
Dynamic development of national investments is carried out at the fields of Turkmenistan
Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov, during an extended meeting of the government last Friday, reported on the work carried out by the oil and gas complex to increase oil and natural gas production, as well as the timely development of national investments in the coming years.
Liquefied gas and jet fuel were sold abroad at the auctions, and polypropylene and base oil were sold to the domestic market
27 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.