British-Turkmen business talks ongoing in Ashgabat
Turkmenistan, Ashgabat, June 17 / corr Trend G.Hasanov /
Ronald Nash, Co-chair of the Turkmen-British Chamber of Commerce and Industry, is on a visit to Ashgabat, Turkmen government reported.
Nash launched meetings with representatives of the Turkmen government and Chamber of Commerce and Industry. He is scheduled to hold talks the Foreign Ministry. The agenda includes discussions over British companies' possible participation in new joint projects.
Nash noted relevance of the Turkmen leader's initiative on ensuring global energy security and British business circles' interests in expanding presence in dynamically developing Turkmen market.
These are British Petroleum, Arawak Energy, Shell, Rolls-Royce, WYG International, Worley Parsons, BSP International Foundation Ltd., JCB, and Vitol.
Several British companies, including Dragon Oil, Burren Energy, Gaffney, Cline & Associates, De La Rue, are participating in the Turkmen market.
Ashgabat and London hold regular talks on the top. The most frequent visitor is Prince Andrew, Duke of York, UK's special representative for international trade and investments.
During the meeting with Turkmen President Gurbangulu Berdimuhammedov Nash noted his country is prepared to render substantial support to implementation of huge projects initiated by Turkmenistan, particularly in oil and gas sector. The two countries have a joint memorandum on mutual understanding in energy sector.
London regards gas-rich Turkmenistan as one of key players on international energy area.
Turkmen authorities note Turkmen natural gas supplies the European market, including the UK fully meets Ashgabat's plans of diversifying export of energy resources to world markets.
Nash said huge potential and swift economic growth of Turkmenistan open vast opportunities for comprehensive of interaction between the two countries.
The prospective directions include trade and economic field, construction, transport, communications and tourism.
Nash underlined high prospects in oil and gas sector, as well as the significance of successful energy strategy directed at diversifying export of energy resources.