SPIEF: Turkmenistan considers energy and transport among the key areas of integration within the CIS

18:51 17.06.2022 6092

https://oilgas.gov.tm/storage/posts/4844/original-162ac19804bde1.jpeg

 Cooperation in the energy and transport sectors can become strategic areas of integration within the CIS.  This was stated by the Minister of Finance and Economy of Turkmenistan Muhammetgeldi Serdarov, speaking on Thursday at the St. Petersburg International Economic Forum (SPIEF), the Turkmen news agency Orient reports.

 «Effective integration within the CIS can become a powerful impetus for development in the new realities as a space where the largest transport and energy projects are being implemented», Serdarov said.

 The head of the Turkmen Ministry of Finance took part in a discussion on the topic “Integration for Development: New Horizons”, where the role and formats of such regional associations as the CIS in overcoming the negative consequences of the pandemic and building a new world economy in the post-COVID era were discussed.

 As strategic directions of integration, Serdarov singled out, first of all, cooperation in the energy and transport sectors.

 “Ensuring comprehensive and indivisible energy security covering the production, transportation and consumption of energy carriers determines the content of Turkmenistan's proposals and practical actions in this area”, the minister said.

 He called cooperation in the field of transport, the development of the transport and communication system of the Commonwealth, and the creation of large transport and logistics centers another important area.

 «The creation of an integrated, balanced and high-tech transport infrastructure will really stimulate investment activity, contribute to the growth of economic and social indicators on a global, regional and national scale», Serdarov said.

 Recalling that the International Conference of Ministers of Landlocked Developing Countries will be held in Ashgabat on August 15-16 this year, Serdarov reaffirmed the invitation to all CIS states to participate in this forum.

 Summing up the discussion, Russian economic observer Alexei Bobrovsky, moderator of this session, made a key conclusion that energy will be the main driving force for the development of the economies of the CIS countries and integration processes.

Other articles
161e90b30ab8d8.jpeg
Hydrogeologists conduct an effective search for groundwater in Dashoguz region

The Dashoguz hydrogeological expedition, which is one of the leading enterprises of the State Corporation «Turkmengeology», is confidently entering the new year 2022, the motto of which is «Epoch of people with Arkadag». For a number of years, the expedition's specialists have been demonstrating effective results in the study of the reclamation and ecological state of lands and in the search for drinking water resources.


1680b17ce4baf2.jpg
Chairman of the Halk Maslahaty of Turkmenistan discussed priority vectors of cooperation with the President of Uzbekistan

As part of a friendly visit to Uzbekistan, the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov arrived at the Congress Center of Samarkand on April 24. A bilateral meeting of Hero-Arkadag with President Shavkat Mirziyoyev took place here, TDH reports.


1680b13b50ebf9.jpg
The President of Uzbekistan presented Arkadag with the highest award of the Republic "Oliy Darajali Dustlik"

The National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Gurbanguly Berdimuhamedov arrived in Uzbekistan on April 23, the International Information Center of Turkmenistan reports.


1680b13559f6f9.webp
GECF predicts double increase in gas production in Turkmenistan by 2050

Secretary General of the Gas Exporting Countries Forum (GECF) Mohammed Hamel, speaking at the International Forum on Attracting Foreign Investments in the Economy of Turkmenistan (TEIF 2025), announced a forecast according to which the volume of gas production in Turkmenistan will double by 2050 and will amount to 150 billion cubic meters.


16461c980884d6.jpg
Ashirguly Begliev appointed Advisor to the President of Turkmenistan on oil and gas issues

Ashirguly Begliev has been appointed Advisor to the President of Turkmenistan on oil and gas issues.