Ashgabat, Turkmenistan, Feb. 13
By Huseyn Hasanov– Trend:
A meeting of the Task Force on Regional Energy Cooperation (RECA) on “Regulation of investments in the energy sector as part of the "One belt one way" initiative”, will be held in Hong Kong February 23-25, 2017, the Turkmen government said.
The event will be held as part of the presidency of Turkmenistan in the Energy Charter in 2017.
The 28th session of the Energy Charter Conference to be held in Ashgabat on November 28-29, 2017 is among the key events of this year.
Among the directions of the concept are energy efficiency, introduction of innovative technologies, the environmental aspect and the use of renewable sources of energy, principles of economic and commercial viability of investments in the energy sector, their protection and efficiency.
Turkmenistan is one of the rich countries for its natural gas resources. According to BP, the country’s recoverable reserves are estimated at 17.5 trillion cubic meters of gas or 9 percent of total global reserves, which puts Turkmenistan on the fourth position in this field after Iran, Russia and Qatar. The country has an opportunity to export its gas to China and Iran.