Kazakhstan, Astana, June 18 / Trend D. Mukhtarov /
Big oil and gas companies are showing interest in the shelf of the Turkmen sector of the Caspian Sea, head of the department on analysis and development prospects of the oil industry of the Turkmen Ministry of Petroleum and Mineral Resources Egenmamed Atamamedov said today.
"The influx of foreign investments can be ensured only if there are guarantees of a stable investment climate and on the assumption of the fact that favourable conditions for capital investment will be offered to investors," Atamamedov said at the second International Oil and Gas Conference on the 'Development of the Caspian Sea Shelf' held in Astana with the support of the KAZENERGY Association.
He recalled that Turkmenistan has huge reserves of gas and is ready to deliver it in all directions.
"The status of a neutral country allows conducting a multi-dimensional economic policy," he said.
He added that Turkmenistan initiated the UN General Assembly's adoption of the resolution on the reliable and stable transit of energy resources in 2008.
Do you have any feedback? Contact our journalist at firstname.lastname@example.org