Turkmenistan called on the Caspian countries to develop partnership in energy
16:35 07.10.2022 10444
Turkmenistan calls on the Caspian countries to cooperate in the energy sector. This was stated by Vice-Chairman of the Cabinet of Ministers of Turkmenistan Hodjamyrat Geldymyradov, speaking on Thursday at the Caspian Economic Forum in Moscow, Orient news agency reported.
“One of the most important outcomes of the 6th Caspian Summit, held this year in Ashgabat, was the confirmation of the interest of our states in building up cooperation in the energy sector, the development of which today has become relevant not only for our region, but for the whole world,” H. Geldymyradov said.
According to him, «the Caspian countries have huge natural resources and a developed fuel and energy industry.» “Thus, oil production in our states in 2021 amounted to 13.7 million barrels, or 20% of world production. Natural gas production amounted to more than 1 billion cubic meters or 26% of the world volume. The countries of the region generate 6% of the world's electricity,” the representative of Turkmenistan emphasized.
In his opinion, the increase in the level of coordination of interstate activities aimed at creating favorable conditions for the implementation of joint projects in the fuel and energy sector remains relevant here.
“We also consider it necessary to combine our efforts to form a commodity distribution system that will allow us to comprehensively address the issues of developing trade infrastructure and creating export channels,” the Vice-Chairman emphasized.
At the auction, products of the State Corporation “Turkmennebit” and “Turkmenchemistry” were sold for foreign currency
14 transactions were registered at the auctions of the State Commodity and Raw Materials Exchange of Turkmenistan last week.
Turkmenistan and Russia are not competitors in the field of gas supplies to China, - Russian Ambassador
Russia and Turkmenistan are not competitors in the field of gas supplies to China. This was stated by Russian Ambassador to Ashgabat Ivan Volynkin in an interview with TASS.
Trade turnover between Turkmenistan and China in the first half of the year increased by 12.3%
In the first six months of 2023, the trade turnover between Turkmenistan and China increased by 12.3% compared to the same period last year, amounting to about $5.55 billion, according to the General Administration of Customs of China.
The Presidents of Turkmenistan, Tajikistan and Uzbekistan will discuss the prospects for cooperation at the summit in Ashgabat
Today, August 4, a summit of the heads of state of Turkmenistan, Tajikistan and Uzbekistan will be held in Ashgabat. In the morning, President of Uzbekistan Shavkat Mirziyoyev and President of Tajikistan Emomali Rahmon arrived in the Turkmen capital, according to TDH.
The Ambassador of Turkmenistan to Belgium confirmed Ashgabat’s readiness to strengthen partnership with the EU in the field of energy
Ashgabat’s readiness to strengthen cooperation with the European Commission in the energy sector was announced by Ambassador Extraordinary and Plenipotentiary of Turkmenistan to Belgium Sapar Palvanov at a meeting with President of the European Commission Ursula von der Leyen. This is reported by the website of the Foreign Ministry of Turkmenistan.