Turkmen national oil and gas company Napeco has received a 5% stake in a production sharing agreement (PSA) with Dubai-based Dragon Oil, which operates at the Cheleken field in the Turkmen sector of the Caspian Sea. This is reported by the independent price agency Argus.

Preparations for the next meeting of the Council of Ministers of Foreign Affairs of the Economic Cooperation Organization (ECO) were discussed on Wednesday via videoconference by the Minister of Foreign Affairs of Turkmenistan Rashid Meredov and ECO Secretary General Khusrav Noziri. This is reported by the website of the Foreign Ministry of Turkmenistan.

The law on ratification of the agreement with Turkmenistan on the delimitation of the Turkmen-Kazakh state border on the Caspian Sea and the delimitation of adjacent sections of fishing zones was signed on Wednesday by President of Kazakhstan Kassym-Jomart Tokayev. The agreement between the countries was signed in Ashgabat in October 2021, the press service of the head of Kazakhstan reports.

"The Trans-Caspian project is not removed from the agenda." This was announced by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Shakhym Abdrakhmanov at the ADIPEC conference in Abu Dhabi, Interfax reports.

Further strengthening of bilateral inter-parliamentary relations was an important topic of Monday's telephone conversation between Chairman of the Halk Maslakhaty Milli Gengesh of Turkmenistan Gurbanguly Berdimuhamedov and Chairman of the Senate of Pakistan Muhammad Sadiq Sanjrani, TDH reports.

The delegation of Turkmenistan takes part in the International Oil Exhibition and Conference ADIPEC, which opened in Abu Dhabi (UAE) on October 31.

Among the priority tasks for the development of the fuel and energy complex of our country at present should be an increase in the capacity of the gas chemical industry, an increase in the volume of gas processing and output. This was stated by President of Turkmenistan Serdar Berdimuhamedov at a government meeting last Friday.

37 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.

The state concern «Turkmennebit» and the German company Hybrid Innovation GmbH concluded a deal on Thursday on the sidelines of the international forum «Oil and Gas of Turkmenistan». The document signing ceremony was held online. The amount of the contract for the supply of technological equipment amounted to more than 6 million euros.

A call for the participation of foreign investors in the implementation of «green» projects in Turkmenistan was made at the International Forum OGT-2022. This was stated in his speech by the chairman of the board of the State Bank for Foreign Economic Affairs of the country, Rahimberdi Jepbarov, speaking on Thursday at the session «Energy of a new epoch: prospects for internal and regional development».

Muhammetmyrat Amanov, Executive Director of TAPI Pipeline Company Limited, spoke about the implementation of the transnational gas pipeline project Turkmenistan-Afghanistan-Pakistan-India (TAPI) on Thursday at the International Conference OGT-2022.

On Thursday, the International Conference «Oil and Gas of Turkmenistan» (OGT-2022) continued its work at the Chamber of Commerce and Industry. Representatives of government agencies, national and international companies, research centers and specialized universities, international organizations and diplomatic missions, experts and specialists actively participate in sessions and plenary sessions dedicated to discussing the most pressing topics in the development of the oil and gas industry.

More than 340 billion cubic meters of natural gas have been supplied from Turkmenistan to China since December 2009, which effectively contributed to economic development and the well-being of the peoples of the two countries. This was stated by the President of the China National Petroleum Corporation (CNPC) Hou Jijun, speaking online at the International Oil and Gas Conference "Oil and Gas of Turkmenistan - 2022", which is taking place these days in Ashgabat.

Establishing gas links with Turkmenistan remains at the heart of the EU's strategic aspirations for the oil and gas resources of Central Asia. This was stated by the Director General of the Oil and Gas Corporation of Georgia Giorgi Chikovani, speaking on Wednesday at the 27th International Conference "Oil and Gas of Turkmenistan".