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Turkmenistan, Germany discuss bilateral cooperation in Berlin

Business Materials 27 May 2013 17:52 (UTC +04:00)
A regular meeting of the joint Turkmen-German working group will be held in Berlin on May 27-29, the Turkmen government said on Monday.
Turkmenistan, Germany discuss bilateral cooperation in Berlin

Turkmenistan, Ashgabat, May 27 / Trend, H. Hasanov /

A regular meeting of the joint Turkmen-German working group will be held in Berlin on May 27-29, the Turkmen government said on Monday.

According to the report, the joint working group is an effective mechanism in the implementation of bilateral cooperation that serves mutual interests.

Turkmen President Gurbanguly Berdimuhamedov stressed the importance of cooperation with the Western European country. Foreign ministerial consultations were held in Berlin in autumn 2012. German Foreign Office State Secretary Emily Haber stressed Turkmenistan's important role in ensuring regional security, as well as diversifying Europe's energy supplies.
Turkmen hydrocarbons can be piped to Europe via the Caspian Sea by a potential 300km pipeline along the bottom of the sea to the coast of Azerbaijan. Europe expects to diversify the sources of gas consumption due to the Caspian resources.

Ashgabat is regularly visited by top managers of leading German companies operating in the oil and gas industry, energy, transport, communication, trade, financial sectors, agro-industrial industry. Among them are such companies as Bauer Comp Holding AG, Lemken GmbH, John Deer International GmbH, ThyssenKrup AG and others.

German companies have been represented in Turkmenistan for a long time. Previously, they have carried out projects such as the construction of plants for the production of lubricating oils and paraffin treatment plants diesel fuel from the water at the oil refinery in Turkmenbashi, the construction of a gas compressor station in Korpeje.

In particular projects such as the construction of lubricating oil and paraffin production units, installation for cleaning diesel fuel from water at the oil refinery in Turkmenbashi, construction of a gas compressor station in Korpeje were carried out this wayt.

The cooperation was established with one of the leading traders of natural gas at the EU market - RWE company. It signed a production sharing agreement (PSA) in the development of offshore fields in the Turkmen sector of the Caspian Sea in 2009.

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