The head of the Ministry of Foreign Affairs of Turkmenistan discussed with the new representative of the ADB the implementation of the TAPI gas pipeline project
11:16 24.06.2022 11566
The state and prospects of cooperation with the Asian Development Bank were discussed on Thursday at a meeting between the Minister of Foreign Affairs of Turkmenistan Rashid Meredov and the new Director of the ADB Resident Mission in Turkmenistan Artur Andrisyak, the website of the Turkmen Foreign Ministry reports.
Energy, industry, transport, trade, banking and a number of other areas were named as areas for the joint application of forces.
Particular emphasis was placed on the implementation of the project for the construction of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline in the context of the development of regional and international energy cooperation.
It is worth noting that in 2000 Turkmenistan became a member of the ADB, which takes an active part in financing investment programs and projects in the country. Given Turkmenistan's vast energy resources and strategic location, ADB operations are focused on improving our country's transport and energy sectors and promoting large-scale infrastructure projects that help expand regional connectivity and trade.
The ADB lending program to Turkmenistan for 2018-2019 amounted to $950 million in areas such as energy, transport, and private sector development.
Previously, ADB has already acted as a transactional adviser and secretariat of TAPI, as well as a transaction advisor. The Bank promised to continue to support this project in the future, including through the provision of financial advice, equity financing in the TAPI consortium, as well as non-sovereign loans and credit enhancement.
The President of Turkmenistan has sent the draft State Budget of the country for 2025 to the Mejlis for consideration
The President of Turkmenistan Serdar Berdimuhamedov has sent the draft State Budget of the country for 2025 to the Mejlis. Vice-Chairman of the Cabinet of Ministers Hojamyrat Geldimyradov reported to the President on the preparation of the draft State Budget of Turkmenistan for next year at a government meeting held via video link on November 15.
Pakistani leaders are interested in implementing joint energy projects with Turkmenistan
The President and Prime Minister of Pakistan in their letters to the President of Turkmenistan Serdar Berdimuhamedov expressed their interest in promoting joint energy projects in South and Central Asia.
The President of Turkmenistan signed the Resolution to ensure the uninterrupted operation of the Korpeje gas compressor station
On November 15, President Serdar Berdimuhamedov held a regular meeting of the Cabinet of Ministers via a digital system, where key tasks of the country's socio-economic development were discussed, drafts of a number of documents were reviewed, as well as some other issues.
The President of Turkmenistan and the head of CNPC discussed the prospects for cooperation in the gas sector
Prospects for cooperation in the gas industry were discussed on Monday at a meeting between President of Turkmenistan Serdar Berdimuhamedov and member of the board, President of China National Petroleum Corporation (CNPC) Hou Qijun, the State News Agency of Turkmenistan reports.
The President of Turkmenistan took part in the opening of a new gas gathering station in Lebap region
As part of a festive trip last Saturday to the Lebap region, President of Turkmenistan Serdar Berdimuhamedov took part in the solemn ceremony of commissioning a new gas gathering station.