President of Turkmenistan instructed to continue work on attracting foreign investment in the fuel and energy complex

15:04 01.04.2022 5269

https://www.oilgas.gov.tm/storage/posts/4305/original-16246996437bc6.jpeg

 Last Thursday, President Serdar Berdimuhamedov held a meeting of the Cabinet of Ministers via the digital system, at which topical issues of the life of the state and drafts of a number of documents aimed at further developing the basic sectors of the national economy were considered.

 During the meeting, Vice-Chairman of the Cabinet of Ministers Shakhym Abdrakhmanov reported on the results of the International Forum on Attracting Foreign Investments in the Oil and Gas Industry of Turkmenistan.

 As emphasized, among the main factors of the growing attractiveness of Turkmenistan for foreign investors is the stable economic and political situation in the country, as well as the relevant legislative framework.

 The forum participants were acquainted with the achievements of the domestic oil and gas industry, further plans for its development.  Separate speeches were devoted to such topics as the development of the Turkmen sector of the Caspian Sea, the diversification of Turkmen natural gas supplies and the creation of a reliable and stable system for bringing energy carriers and gas chemical products to international markets, the construction project of the transnational gas pipeline Turkmenistan-Afghanistan-Pakistan-India.

 Summing up the report, President Serdar Berdimuhamedov noted that for the development of one of the leading sectors of the national economy – the fuel and energy complex – large-scale projects are being implemented in our country, the necessary conditions are being created for further increasing the production capacity of the industry.

 In this context, the head of state stated with satisfaction that in the development of natural resources, Turkmenistan demonstrates their rational use, concern for environmental protection, and the implementation of important international initiatives to ensure energy security in the regional and global dimensions.

 Noting that in recent years Turkmenistan has significantly strengthened its position in the world energy market as the largest supplier of energy carriers, the President instructed to continue work on actively attracting foreign investment in the domestic fuel and energy complex.

Other articles
167ea46df63a9a.jpg
Hero-Arkadag and Recep Erdogan noted the rapid development of bilateral cooperation

On Sunday, March 30, a telephone conversation took place between the National Leader of the Turkmen people, Chairman of the Halk Maslahaty of Turkmenistan Hero-Arkadag Gurbanguly Berdimuhamedov and the President of the Republic of Turkey Recep Tayyip Erdogan, TDH reports.


161d7d3d05697c.jpeg
Over 320 billion cubic meters of Turkmen gas supplied since the start of operation of the Turkmenistan-China gas pipeline, – CNPC

Since the opening of the transnational Turkmenistan-China gas pipeline in 2009, over 320 billion cubic meters of Turkmen gas have been exported to the Celestial Empire. General director of the branch of the National Petroleum Corporation of China (CNPC) Chen Huailong stated this, the Watan news program of the Turkmen television reported.


161d7e6c4b374f.jpeg
OPEC will be headed by a representative of Kuwait from August

At an extraordinary meeting of OPEC, the ministers elected a new secretary general of the organization – from August 1, 2022, Haitham Al-Qais from Kuwait was elected for a period of three years, Interfax reported.


167e40ac00528d.jpg
Modern Information and Analytical Center for sustainable energy development has been opened in Turkmenistan

Today, March 26, the grand opening of the Information and Analytical Center was held at the Natural Gas Research Institute of the State Concern "Turkmengas". The center is equipped with the latest IT equipment purchased with the support of the European Union project "Green Development of Turkmenistan: Policy Dialogue and Climate Action for 2024-2028", funded by the European Union and the German Foreign Ministry and implemented by GIZ.


167e7949424974.jpg
Preparations are underway for the 8th meeting of the Turkmen-Romanian Working Commission on Cooperation in the Energy Sector

On March 27, President of Turkmenistan Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, the agenda of which included a number of issues of state life, TDH reports.