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Turkmen president confident in successful partnership with RWE in oil and gas sector

Oil&Gas Materials 26 April 2010 13:56 (UTC +04:00)
Turkmen President Gurbanguly Berdimuhammedov highly appreciates RWE's constructive approach to establishing cooperation and expressed hius confidence in their future partnership, the Turkmen government said. Berdimuhammedov met with RWE AG Chairman Juergen Grossmann and Supply and Trading Director Stefan Judisch this week.
Turkmen president confident in successful partnership with RWE in oil and gas sector

Turkmenistan, Ashgabat, April 26 / Trend H. Hasanov /

Turkmen President Gurbanguly Berdimuhammedov highly appreciates RWE's constructive approach to establishing cooperation and expressed hius confidence in their future partnership, the Turkmen government said. Berdimuhammedov met with RWE AG Chairman Juergen Grossmann and Supply and Trading Director Stefan Judisch this week.

"Modernizing the fuel and energy complex is a priority state task," the Turkmen leader said.

He added that modernizing infrastructure opens prospects for closer cooperation.

The RWE signed a memorandum on long-term cooperation with the Turkmen government last April.

The document provides for gas exploration, the creation of gas pipeline infrastructure and the study of means to transport Turkmen gas to world markets.

At the same time, a PSA was signed with the Turkmen Presidential State Agency for Hydrocarbon Resource Management and Use.

RWE recently opened an office in Ashgabat to begin developing Offshore Bloc No. 23 in the Turkmen sector of the Caspian Sea.

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