Turkmenistan, Ashgabat, March 27 / Trend H.Hasanov /
Turkmen President Gurbangulu Berdimuhammedov, appealing to country's top FEC managers, noted the importance of optimally using opportunities for mutually beneficial cooperation with leading foreign companies.
At the Cabinet of Ministers' meeting Berdimuhammedov highlighted the necessity to increase production of oil and gas, chemical and processing industries, encouraging them to further upgrade, a Turkmen government source reported.
According to the BP's report, Turkmenistan is the fourth largest country for natural gas reserves in the world after Russia, Iran and Qatar. Companies from Russia, Britain, Germany, Italy, Malaysia, UAE, Canada and China operate on the Turkmen market as part of the Production Sharing Agreement (PSA).
Particularly, Petronas, Dragon Oil, Burried Hill, RWE and Itera study Turkmen hydrocarbon resources in the Caspian Sea. China's CNPC gained the exclusive right to work on land near the right bank of the Amu Darya River. Services to develop the country's largest deposits in Yolotan are carried out by companies from South Korea and the UAE.
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