Ashgabat, Turkmenistan, Aug. 31
By Huseyn Hasanov – Trend:
Ashgabat city hosted consultations between representatives of the Turkmen and the UAE foreign ministries, the Turkmen Foreign Ministry said in a message Aug. 31.
The delegation from Abu Dhabi was headed by Deputy Minister of the UAE Ministry of Foreign Affairs and International Cooperation Ahmed Al Jerman, who noted the effective development of mutually beneficial trade and economic cooperation.
The sides discussed the issues of cooperation in the fields of oil, gas, agriculture and expressed interest in organizing a visit of a high-level representative of the UAE to Turkmenistan in order to further bring the cooperation to a new level and consolidate the interaction areas of interest on a legal basis, the message said.
The UAE companies are well represented in the Turkmen energy market. Dragon Oil company has been operating in the Turkmen sector of the Caspian Sea since 1999 as part of the Production Sharing Agreement (PSA).
This company is one of the biggest foreign investors in Turkmenistan. Petrofac, another company, took part in the implementation of a big service project for the development of the Galkynysh gas field.