Negotiations between the Presidents of Turkmenistan and Kazakhstan ended with the signing of a package of documents

22:59 17.10.2022 2865

https://oilgas.gov.tm/storage/posts/5773/original-1634d1f2d2fc95.jpeg

As part of the state visit of the President of Turkmenistan Serdar Berdimuhamedov to the Republic of Kazakhstan on October 15, bilateral negotiations were held in Astana at the highest level, as well as with the participation of members of official delegations of the two countries. The parties discussed in detail a number of topical issues on the bilateral agenda and identified priority areas for further cooperation.

As the head of Turkmenistan emphasized during the meeting, “the strategic direction of the Turkmen-Kazakh partnership is energy, where the existing potential enables our countries, which are the largest producers and suppliers of hydrocarbons in Eurasia, to implement large-scale, in many ways unique projects for the supply of energy carriers to international markets. A vivid example of this is the construction of the Turkmenistan-China gas pipeline, part of which runs through the territory of Kazakhstan”.

Following the talks, Kassym-Jomart Tokayev and Serdar Berdimuhamedov adopted a Joint Statement. A package of 14 joint documents was also signed. In particular, the Comprehensive Program for Bilateral Cooperation for the period 2022-2024 was adopted. At the level of departments, memorandums of cooperation and mutual understanding were concluded in the areas of financial policy, the chemical industry, the development of transport and transit cooperation, etc.

As recorded in the Joint Statement of the leaders of the two countries, "The Presidents note the importance of further development of investment cooperation, creation of favorable conditions for attracting investments and their protection at the state level".

It is also noted that “the Presidents recognize the importance of the practical implementation of joint projects in the areas of trade, energy, agriculture, logistics and transport. The heads of state emphasize the importance of increasing the effectiveness of the activities of the Intergovernmental Turkmen-Kazakhstan Commission for Economic, Scientific, Technical and Cultural Cooperation”.

The parties confirmed the importance of further increasing the trade turnover by expanding the range of mutual trade, creating favorable conditions and involving high value-added products.

“Our goal is to ensure the growth of mutual trade up to five hundred million dollars in the coming years, and in the foreseeable future we will be able to reach the billion mark,” President Kassym-Jomart Tokayev said.

It was also noted that the prospects for mutually beneficial partnership in the gas industry were substantively considered. At the same time, it was emphasized that last year it was possible to achieve breakthrough agreements on the implementation of joint projects in this area. Noting that the profile companies of the two countries "QazaqGaz" and "Turkmengas" signed a contract for the import of Turkmen gas, the head of Kazakhstan expressed gratitude to Serdar Berdimuhamedov for his personal support in promoting this project.

“We are interested in concluding a long-term agreement and are ready to increase the volume of gas imports by 1.5 billion cubic meters per year,” Kassym-Jomart Tokayev said. At the same time, the readiness of Kazakhstan to participate in the implementation of major energy initiatives of Turkmenistan was confirmed.

Serdar Berdimuhamedov invited Kassym-Zhomart Tokayev to visit Turkmenistan at any time convenient for him. This invitation was gratefully accepted. The dates of the visit will be agreed through diplomatic channels.

Other articles
162bd43e067841.jpeg
The Sixth Caspian Summit held in Ashgabat confirmed the desire of the «Caspian five» to expand cooperation

On June 29, the capital of Turkmenistan hosted the Sixth Caspian Summit, which was chaired by the President of Turkmenistan Serdar Berdimuhamedov. The venue for the Ashgabat meeting of the heads of the Caspian states was the luxurious Arkadag Hotel, which provides all the conditions for receiving distinguished guests and organizing major international events.


162bd53401143d.jpeg
Vladimir Putin: Gazprom management will soon arrive in Turkmenistan

President of the Russian Federation Vladimir Putin announced the imminent visit of the leadership of «Gazprom» to Turkmenistan. The Russian leader said this while answering journalists' questions at the end of the Sixth Caspian Summit, which took place on June 29 in Ashgabat, according to the website of the President of Russia.


162bd85004290b.jpeg
SC «Turkmennebit» and «Dragon Oil (Turkmenistan) Ltd.» extended the Production Sharing Agreement until 2035

Today, June 30, in the Central building of the oil and gas complex of Turkmenistan, a contract was signed between the State Concern «Turkmennebit» and the company «Dragon Oil (Turkmenistan) Ltd.» on the extension of the Production Sharing Agreement until May 1, 2035.


160ffb613cb87f.jpeg
The next well of the Malay field gave a industrial gas inflow

At the Malay field, as a result of drilling another well, an industrial gas flow with a flow rate of more than 400 thousand cubic meters per day was given. The drilling works were carried out by the foremen of the «Turkmengazburavlayysh» department of the State Concern «Turkmengas».


16100fc2a08cfe.jpeg
TCOR produced more than 26 thousand tons of liquefied gas in six months

The Turkmenbashi complex of oil refineries, which is one of the largest industrial enterprises in the country, is increasing the volume of certain types of high-quality products in demand both in the domestic and foreign markets.