The Turkmenistan-EU energy working group discussed cooperation in the fuel and energy sector in Brussels
09:48 15.04.2024 8475
Issues of diversifying Turkmen gas supply routes, cooperation in the field of methane emissions and renewable energy were discussed at a meeting of the Turkmenistan-EU Working Group on Energy, held on April 12 in Brussels, the Ministry of Foreign Affairs of Turkmenistan reports.
The delegation of Turkmenistan was headed by the Vice-Chairman of the State Concern “Turkmengas” Myrad Archaev. The Turkmen side also included representatives of the State Concern “Turkmennebit”, the State Electric Power Corporation “Turkmenenergo” and the Embassy of Turkmenistan in Brussels.
From the EU side, representatives of the European Commission's Directorate-General for Energy, the European External Action Service, the Directorate-General for International Partnerships, the Directorate-General for Climate and the Directorate-General for Trade of the EC took part.
During the meeting, the parties discussed issues of diversifying Turkmen gas supply routes, opportunities for practical cooperation in the field of methane emissions, as well as tripling renewable energy installations and doubling energy efficiency around the world, the Foreign Ministry notes.
As highlighted, strategies to improve efficiency offer significant opportunities in the context of Turkmenistan's announcement at COP28 in Dubai to join the Global Methane Commitment.
The delegation of Turkmenistan reported on achievements in the national energy sector, its legal framework, diversification efforts, commitment to sustainable and environmentally friendly energy measures, as well as a solar energy project.
There was also a discussion between the Turkmen delegation and the Head of the Cabinet of the European Commissioner for Energy Stefano Grassi, dedicated to expanding cooperation between Turkmenistan and the EU in the energy sector with an emphasis on technology exchange.
Topics discussed included the historical context of relations between Central Asia and the EU, Turkmenistan's potential in the global energy market, primarily its natural gas reserves and supply capabilities, various infrastructure projects and cooperation mechanisms, etc.
The Turkmen delegation also met with the Chief Advisor for Energy Diplomacy of the European External Action Service, Tibor Stelbatsky. During the conversation, special emphasis was placed on cooperation in the field of renewable energy sources, reducing methane emissions and natural gas supplies from Turkmenistan.
The President of Turkmenistan and the President of the European Commission expressed confidence in the successful holding of the Central Asia-EU Summit
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Commission Ursula von der Leyen on April 3.
The price of Brent rose above $100 per barrel again
Oil prices are rising moderately on Friday morning after falling the day before, foreign media reported.
The President of Turkmenistan discussed the prospects for regional cooperation with the President of the European Council
The President of Turkmenistan Serdar Berdimuhamedov, who is on a working visit to Uzbekistan to participate in the first Central Asia-European Union Summit, met with the President of the European Council António Costa on April 3, TDH reports.
Gas price in Europe exceeded $3,300 per 1,000 cubic meters
The spot price of gas in Europe on Thursday evening continued its active growth. A jump in prices at the end of the European trading session is usually the result of the influence of the growth of quotations in the Asian market, Interfax reports.
It is planned to increase hydrocarbon production in Balkan region
In the Balkan region, a key region in the oil and gas sector of Turkmenistan, it is planned to increase natural gas production to 11 billion cubic meters per year by 2025. The head of the Department for Analysis of Economic Risks of the Agency for Protection from Economic Risks under the Ministry of Finance and Economy of Turkmenistan, Hangeldi Gurbangeldiev, said this in a commentary for the official Turkmen press.