Turkmenistan outlines priority areas of cooperation at the 17th ECO summit

10:54 07.07.2025 2637

https://www.oilgas.gov.tm/storage/posts/14454/original-16868f5d23c144.jpg

A delegation from Turkmenistan headed by Foreign Minister Rashid Meredov took part in the 17th summit of the Economic Cooperation Organization (ECO) “A New Vision for ECO for a Sustainable and Climate-Resilient Future”, which was held on July 4 in Khankendi, Azerbaijan, the Ministry of Foreign Affairs of Turkmenistan reports (https://www.mfa.gov.tm/ru/news/5383).

During the event, it was noted that the summit became a high-level platform for strengthening multilateral cooperation, coordinating efforts and developing agreed decisions aimed at ensuring sustainable, inclusive and balanced development.

The head of the Ministry of Foreign Affairs of Turkmenistan, speaking at the summit, emphasized the importance of adopting a new program document, which is designed to define the goals and priorities of economic cooperation of the ECO member countries until 2035.

Turkmenistan reaffirmed its commitment to the principles of multilateral cooperation within the ECO, highlighting priority areas such as the creation of effective logistics routes, diversification of energy supply routes, development of "green" energy, elimination of barriers to trade development, attraction of investments and development of cooperation in the field of modern technologies and innovations, the Foreign Ministry said in a statement.

In this context, it was proposed to consider the possibility of creating a mechanism for coordinating the energy policy of the ECO member states to ensure reliable supplies of energy resources and strengthen the energy security of the region.

In order to further develop the transport and transit potential of the ECO, it was proposed to carry out work on further integration of transport and logistics systems.

It was also noted that it would be expedient to intensify direct contacts between business circles, including through the use of cooperation opportunities between chambers of commerce and industry.

The participants of the event noted that the results of the Summit will contribute to further deepening mutually beneficial cooperation between the ECO member states.

Other articles
1648db22f2a139.jpg
Maxim Bortnikov – Managing Director at the Center for the Implementation of the Principles of Sustainable Development of Gazprombank:

“The theme of the International Conference held in Ashgabat is rather topical, as evidenced by the composition of its participants, including representatives of government agencies, large international organizations, banks, big gas companies, scientists, leading specialists and experts in the oil and gas sphere.


161fcd0f0f2000.jpeg
«Dashoguzgazupjunchilik» ensures the efficient use of «blue fuel»

The gas workers of the «Dashoguzgazupjunchilik» department continue to provide reliable and uninterrupted gas supply to consumers in the northern region of our country. Despite the period of maximum loads, qualified specialists ensure the stable functioning of the gas distribution system of the velayat in the heating season.


166db12ae3b164.jpg
Another well has been put into operation

An industrial flow of natural gas was obtained from a well drilled by the team of the Lebapnebitgazgözleg Expedition of the Türkmengeologiýa State Corporation at Tachmuradov site. This will be a worthy gift from the united team of the Expedition for the forthcoming large-scale holiday – the 33rd anniversary of Turkmenistan’s independence.


168470741ef8e2.jpg
The new hydraulic device is distinguished by its efficiency

The Department of Geology and Geochemistry of Yagshigeldi Kakayev International University of Oil and Gas has developed an “Innovative hydraulic device for displacing air from the cavities of drill pipes”.


168493b791621d.jpg
Since the beginning of 2025, the “Nebitgazchykarysh” Trust of the State Concern “Turkmennebit” has produced over 1.2 million tons of oil

Since the beginning of 2025, the “Nebitgazchykarysh” Trust of the State Concern “Turkmennebit” has produced 1 million 278 thousand 817 tons of "black gold". Much of the credit for this goes to the drillers of the “Nebitgazburawlayysh” Trust, who have drilled 57 thousand 246 meters of production wells and 16 thousand 51 meters of exploratory wells since the beginning of the year.