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Azerbaijan, Turkmenistan mull economic co-op issues

Business Materials 18 November 2015 14:27 (UTC +04:00)
Azerbaijan and Turkmenistan have discussed the prospects for implementing mutually beneficial joint projects, in particular those in the fuel and energy sphere.
Azerbaijan, Turkmenistan mull economic co-op issues

Baku, Azerbaijan, Nov.18

Trend:

Azerbaijan and Turkmenistan have discussed the prospects for implementing mutually beneficial joint projects, in particular those in the fuel and energy sphere.

The discussions were held during the meeting between the head of the State Oil Fund of Azerbaijan (SOCAR) Rovnag Abdullayev and Turkmenistan's President Gurbanguly Berdimuhammadov, Turkmen state news agency reported.

SOCAR president is on a visit to Ashgabat to participate in the international exhibition and conference "Oil and Gas of Turkmenistan" (OGT-2015).

"During the meeting, the sides discussed various aspects of cooperation in the economic sphere," said the report.

It was noted that Turkmenistan and Azerbaijan, which possess great energy potential, take steps to effectively develop their richest hydrocarbon fields, diversify the energy supply to world markets, from the Caspian Sea region as well, according to the report.

The two neighboring countries consolidate their efforts in this sphere in order to strengthen the energy security in Europe and Asia and create conditions for overall sustainable development, Turkmenistan's state news agency said.

Edited by SI

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